Increasingly governments and donors seek to invest in programs and policies that are cost-effective rather than those that just maximize impact. Cost-effectiveness analysis aims to estimate how much an intervention costs per outcome delivered and benchmark this against similar metrics estimated for alternative interventions targeting the same…

Social return on investment (SROI), an evaluation method that compares monetized social value generated to costs invested, is in ascendance. Conceptually akin to cost-benefit analysis, it shares some of its challenges; however, these are heightened due to the expressed promise of using SROI to compare programs and inform philanthropic and public…

Career and technical education (CTE) has existed in the United States for over a century, and only in recent years have there been opportunities to assess the causal impact of participating in these programs while in high school. To date, no work has assessed whether the relative costs of these programs meet or exceed the benefits as described in…

This study uses an online survey experiment to test whether the pairing of profit-seeking with mission-related programs in the social sector attracts or deters donations from individual donors. We test individuals' response to three types of profit incentives allowed under current U.S. public policy: (1) non-distributed profit to an organization,…

New York State (NYS) launched the Excelsior Scholarship in 2017. It is designed to make college tuition-free for students who attend publicly funded institutions and meet certain criteria. Is this scholarship a good investment for taxpayers of NYS? How long does it take taxpayers to recover their investment? This case analysis takes a perspective…

There is growing evidence that out-of-school factors, such as physical and mental health, family support, and social and emotional development, significantly affect student learning (Berliner 2009). To address challenges related to poverty, schools are being charged with serving as a focal point in providing and coordinating support services for…

Most school districts and charter schools are receiving significant, one-time revenues through the American Rescue Plan (ARP) Elementary and Secondary School Emergency Relief (ESSER III) grant program. The ESSER III Investment Decision Guide and its companion User and Resource Companion document (ED617067) are designed to guide decision makers…

In "Are Texas Teacher Retirement Benefits Adequate?," authors Chad Aldeman and Anthony Randazzo analyze the Teachers' Retirement System (TRS) of Texas and find it is not serving all of its members well. Most members will leave their teaching service in Texas with inadequate retirement benefits, and the unfunded liabilities the system has…

This study investigated the costs of different summer reading programs and compared costs to the benefits of summer school as a way to avoid retaining students not reading proficiently at the end of third grade. Per pupil costs ranged from US$1,665 to US$2,194. The average cost was US$1,887 (range: US$266-US$5,552) with 82% of overall expenses…

In 2015-16, the United States spent over $660 billion on its public education system in hopes of providing children with greater opportunities to excel academically and to improve their life trajectories. While public education dollars have risen at a relatively fast pace historically, future challenges, including underfunded pension liabilities,…

Community colleges, which are public, two-year institutions of higher education, have become a major provider of education and training that directly leads to a job in a particular occupation. To help community colleges build capacity to provide job training, the federal government has funded several grant programs over the past 15 years. Recent…

This article reports a benefit-cost evaluation of the Accelerated Study in Associate Programs (ASAP) of the City University of New York (CUNY). ASAP was designed to accelerate associate degree completion within 3 years of degree enrollment at CUNY's community colleges. The program evaluation revealed that the completion rate for the examined…

States and districts are embarking on efforts to improve school leadership as a lever to promote school improvement. Such efforts have a solid base of research attesting to their effectiveness, and some view them as particularly cost-effective because principals "can be powerful multipliers of effective teaching and leadership practices in…

In 2016, there was an increasingly dramatic divergence between state economies in the West. Most states in the region benefited from an ongoing economic recovery, but states reliant on the energy sector for tax revenues were hit hard by the global decline in oil prices. This resulted in varying budget situations in legislatures across the…

This paper examines the prevalence and the costs of pre-entry coaching programs before and after the introduction of the Unified State Examination in Russia. The efficiency of private tutoring under the new standardized university admission procedures is estimated. It is argued that the main types of pre-entry coaching are still in demand, however…