This article is intended as a contribution to the debate on the role of human capital in determining value for money in early years education. The article explores how the idea that early years education offers value for money has become folklore amongst policymakers and more widely. However, drawing on both interview data and existing literature…

Since the 1980s, the increasing cost of education has been a global trend, and there is a growing demand for increasing efficiency in different countries. As a result, education economists began focusing on the issue of efficient allocation of educational resources and borrowed production function from economics to study educational production…

Describes a study conducted at a multicampus community college district in northern California to determine whether general education (GE) was structured and implemented for the primary purpose of generating large amounts of revenue and whether a disproportionately higher rate of return is generated from GE compared with non-GE curricula. (27…

The utility of cost-benefit analysis in program evaluation is illustrated using hypothetical examples of the consequences of natural environments service provision. Areas for further research related to cost and benefit implications are presented. Early intervention programs can use the cost-benefit framework to evaluate the social impact of…

Is the money allocated to institutional distance education getting the results on the back end in terms of student achievement? A literature review of cost analysis studies on distance education is presented with three themes factored out from those studies: Costs (Institutional and student costs), Reach, and Richness (cost to the student). A…