Education Cost-Benefit Analysis

Education Cost-Benefit Analysis is a method used to evaluate whether the benefits of investing in education outweigh the costs. It involves comparing the expenses of providing education—such as infrastructure, teachers, and resources—with the long-term advantages, like higher earning potential, better health, and economic growth. By quantifying these factors, policymakers can determine if educational investments are a good use of resources and make informed decisions to maximize societal benefits. Essentially, it helps assess the return on investment in education to ensure funds are used effectively.