Improving student outcomes through economic evaluation for evidence-based decisionmaking in education.

The mission of the Center for Benefit-Cost Studies of Education is to promote the rigorous and responsible development and application of cost-effectiveness and benefit-cost methods. The Center builds on work that began in the 1970's and has pursued methodological improvements and new methods of analysis including a software platform, CostOut, for estimating costs using the ingredients method. Application topic areas include high school graduation, early child development, integrated school services, social and emotional learning, college completion, and many others. CBCSE also sponsors training programs in economic evaluation of education for researchers and decision-makers. Its latest summary of methods and applications is found in the third edition of H. Levin, P. McEwan, C. Belfield, A. B. Bowden, and R. Shand, Economic Evaluation of Education: Cost-Effectiveness and Benefit-Cost Analysis (Sage 2018)

Economic Evaluation In Education

This text (titled Cost-Effectiveness Analysis in its previous editions) is the only full-length book to provide readers with the step-by-step methods they need to plan and implement a benefit-cost analysis in education. The authors examine a range of issues, including how to identify, measure, and distribute costs; how to measure effectiveness, utility, and benefits; and how to incorporate cost evaluations into the decision-making process. The updates to the Third Edition reflect the considerable methodological development in the evaluation literature, and the greater empiricism practiced by education researchers, to help readers learn to apply more advanced methods to their own analyses.

News & Reports 

CBCSE releases new tool DecisionMaker®, based on cost-utility analysis and designed to facilitate collaborative and evidence-based decision-making in education

New Paper, What is the Potential for Applying Cost-Utility Analysis to Facilitate Evidence-Based Decision Making in Schools?, by Fiona Hollands, Yilin Pan, and Maya Escueta.

Education Week, More Education Studies Look at Cost-Effectiveness, featuring CBCSE’s Brooks Bowden and CostOut.

New paper, Using Resource and Cost Considerations to Support Educational Evaluation: Six Domains, by Clive Belfield and Brooks Bowden published in Educational Researcher.

New CBCSE report, Examining Systems of Student Support, by Brooks Bowden, Atsuko Muroga, Anyi Wang, Robert Shand, and Henry Levin.

New CBCSE report, Minnesota Reading Corps Pre-K Program Cost Analysis, by Brooks Bowden, Maya Escueta, Atsuko Muroga, Viviana Rodriguez and Henry Levin.

New paper, Evaluating Regulatory Impact Assessments in Education Policy, by Clive Belfield, Brooks Bowden and Viviana Rodriguez published in the American Journal of Evaluation.