School Choice Saves Money and Helps Kids

Martin Lueken:

The momentum toward educational choice is undeniable. This year has seen unprecedented state-level expansion of educational opportunities for millions of families across the country, with 18 states passing legislation to introduce or expand educational choice programs—a trend that’s primed to continue through the 2022 election cycle. The recent electoral success of choice supporters in Virginia and New Jersey—traditional strongholds for special-interest groups that strongly oppose choice—coupled with school-board elections driven by parents wanting a voice in their kids’ classrooms, is emboldening states to expand educational options.

It also turns out that school choice programs save taxpayer dollars, removing another huge policy barrier.

My recent fiscal analysis of 40 educational choice programs from their inceptions through fiscal 2018 found the programs cumulatively saved taxpayers up to $28.3 billion on net, or $7,500 for each student who participated in these programs. In other words, for every dollar spent on expanding educational opportunities for families via choice programs, taxpayers saved about $2.80.

Public schools also are having a moment with the federal government directing $190 billion in pandemic relief funding—about $3,500 for each student—making it hard to argue that they’re short on cash.