This dissertation explored the cost and value of 1:1 computing programs in high schools in Texas. The study examines whether the total cost of ownership of these programs can be justified by the student testing gains and graduation rates. It investigates whether student learning outcomes show a definable correlation between positive gains and the implementation of 1:1 computing programs. The study also explores whether there is a measurable return on investment of 1:1 programs based on testing gains and graduation rates. The research used the State of Texas Assessment of Academic Readiness exam scores to validate assumptions and test the hypothesis. The study found no clear link between the addition of 1:1 computing programs and the realms of student success. While there is marginal improvement in student outcomes, there is only circumstantial evidence that laptops and devices are the catalysts for the change. The dissertation also found that the total cost of ownership (TCO) is a significant portion of the district's spending, costing millions of dollars, and that the financial disclosure and budget information data was either missing, incomplete, or over-generalized, causing an issue for assessing program effectiveness or ROI. Despite this lack of transparency, there is a slight positive ROI trend based on the data reviewed during the observation period. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.]