A critical issue facing educational leaders and policymakers is how to invest scarce resources to improve student learning and educational experiences. To do so, they need information on policy and program costs as well as strategies to understand the relative cost effectiveness of different options. In this chapter, readers are introduced to complementary methods for estimating educational policy and program costs. In addition to describing cost analysis and how it can be used in education, the chapter provides examples and tools that can be used to guide readers’ own investigations.
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