Friedman Foundation; Dr. Susan L. Aud:
A landmark new study finds that school choice programs throughout the country generated nearly $444 million in net savings to state and local budgets from 1990 to 2006. Contrary to opponents’ predictions, the analysis also finds that instructional spending per student has consistently gone up in all affected public school districts and states.
“School choice saves. It saves children, and now we have empirical evidence that it saves money,” said Robert Enlow, executive director and COO of the Milton and Rose D. Friedman Foundation. “In the face of $444 million in savings, another excuse to deny children a quality education has vanished before our eyes.”
Released by the Friedman Foundation, “Education by the Numbers: The Fiscal Effect of School Choice Programs, 1990-2006” provides the first comprehensive analysis of how the nation’s school choice programs have affected state and public school districts. Of the 12 voucher and tax-credit scholarship programs that began operations before 2006, every program is at least fiscally neutral, and most produce substantial savings. Seven more programs have been created since 2006.
Milton Friedman, who won a Nobel Prize for his work on monetary theory, is credited with laying the original academic framework for voucher theory in the 1950’s. Friedman’s academic work focuses more on the financial profits school privatization could reap rather than the purported assistance it could offer low-income students in failing schools.
This is from the People for the American Way Website. So, I kinda think the study would support vouchers.