1. Cost-Effectiveness Analysis in Practice: Interventions to Improve High School Completion.
- Author
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Hollands, Fiona, Bowden, A. Brooks, Belfield, Clive, Levin, Henry M., Cheng, Henan, Shand, Robert, Pan, Yilin, and Hanisch-Cerda, Barbara
- Subjects
COST effectiveness ,INTERVENTION (Social services) ,CLEARINGHOUSES ,PROGRAM implementation (Education) ,EDUCATIONAL resources - Abstract
In this article, we perform cost-effectiveness analysis on interventions that improve the rate of high school completion. Using the What Works Clearinghouse to select effective interventions, we calculate cost-effectiveness ratios for five youth interventions. We document wide variation in cost-effectiveness ratios between programs and between sites within multisite programs, reflecting differences in resource use, program implementation, and target population characteristics. We offer suggestions as to how cost-effectiveness data can be used to inform policymaking, with the goal of improving the efficiency with which public and private resources are employed in education. [ABSTRACT FROM AUTHOR]
- Published
- 2014
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