The Costs of Education

Performance evaluation of students using online courses

“…This disappointment mirrored the way that development in teaching methods was to a great extent negligible movement: as one early examiner put it, education's technology, all around, has gained shockingly little ground past the handicraft organize (7) . Be that as it may, the rising interest for and raising expenses of education prompted endeavors inside the recently creating sub-control of the economics of education to measure both the proficiency of public expenditure on education and the economic advantages of giving it (8,9) . Educational technology came to be viewed as a method for improving the proficiency of education through efficiency increments.…”

The Costs and Costing of Networked Learning

“…Much of the early work undertaken under the auspices of the World Bank, UNESCO and USAID focused on the costs and cost structures of educational broadcasting projects [5,6,7,8]. Within the UK other experts focused on the costs of using educational technology either for distance teaching or as a substitute for classroom teaching on campus [9,10,11,12].…”

Costing basic academic programs

“…This phase began to move into the third phase when the British economist, Vaizey (49,50), began to discount the concept of foregone wages as a costing factor. Wiseman (53), Burkhead (4) and Webster (52) further solidified this approach from an educator's perspective rather than an economist's.…”

“…Even though most of the early research stressed the importance of foregone wages in computing the cost of education, some began to question the concept (51,54). Vaizey (49), an economist doing work in Great Britain, first suggested that opportunity costs not be counted. Wiseman (53) generally questions the whole idea of the costing of human invest ments.…”