cost-benefits analysis of education

4. • 1. Resources optimization
• 2. Effective decision-making
• 3. Accountability and
transparency
• 4. Evaluating program
effectiveness
• 5. Financial sustainability

9. In summary, expenditure
encompasses all the
financial outlays associated
with education, while cost
specifically refers to the
monetary value assigned to
the resources used in
education

11. • - Tuition fees:
• - Living expenses:
• - Opportunity cost:
• Higher income potential
• Improved employment prospects
• Personal development
• Better health outcomes
• Social and community benefits

13. —

14. WOODHALL, 2004. COST BENEFIT ANALYSIS WOODHALL, 2004. COST
BENEFIT ANALYSIS REALLYGREATSITE.COM..
DREW, C., 2023, JUNE 6.
HTTPS://HELPFULPROFESSOR.COM/COST-BENEFIT-ANALYSIS-
EXAMPLES/#:~:TEXT=A%20SIMPLE%20EXAMPLE%20OF%20A,(I.E.%20BEN
EFITS%20PER%20DOLLAR).
ECONOMICS OF EDUCATION: WHAT ARE COSTS AND BENEFITS OF
EDUCATION?.HTTPS://MYSOMIN OTES.WORDPRESS.COM/2017/09/23/
ECONOMICS-OF-EDUCATION-WHAT-ARE-COSTS-AND-BENEFITS-OF-
EDUCATION/