Which term describes the educational outcome achieved per dollar spent on education?

The term that describes the educational outcome achieved per dollar spent on education is Return on Investment (ROI). ROI is a financial metric used to evaluate the efficiency or profitability of an investment. In the context of education, it measures how much benefit or value (such as increased earning potential, knowledge gained, or opportunities created) is received in relation to the amount of money invested in education.

By calculating the ROI of educational expenses, individuals and policymakers can determine whether the investment yields a satisfactory return, allowing for informed decisions regarding educational expenditures. Higher ROI indicates that the spending is generating significant benefits relative to its cost, highlighting the effectiveness of the educational program or institution.

The other options, while related to financial metrics and evaluations, do not specifically address the outcome per dollar spent in the education context. Cost-Benefit Analysis focuses on the overall assessment of costs versus benefits, while Financial Literacy pertains to understanding financial concepts. Net Present Value relates to the valuation of future cash flows, rather than the specific measure of educational outcomes per dollar spent.