What does "pay for success" refer to in the context of technology expenditures?

"Pay for success" in the context of technology expenditures refers to a model that emphasizes incentivizing positive educational outcomes. This approach aligns funding with results, meaning that the investment in technology is justified by its ability to deliver measurable improvement in educational performance or achievements.

Under this model, stakeholders are more likely to focus on how technology can directly impact student learning and outcomes, rather than simply on the technology itself or its initial costs. This aligns financial resources with the effectiveness of the educational technology in producing in-line success metrics, thereby ensuring that investments yield actual improvements in education.

By emphasizing outcomes, this approach encourages innovation and the careful selection of technology that truly supports educational goals, rather than just acquiring tools for their own sake. This ultimately leads to a more effective use of resources in education, as funding is tied directly to the success demonstrated through measurable indicators.