New EdChoice study reports that voucher programs across the country have saved tax-payers billions of dollars. Fiscal Effects of School Vouchers, a report authored by Martin Lueken, analyzes 16 voucher programs in nine states plus the District of Columbia. The conclusion: voucher programs have generated a “cumulative net savings to state and local budgets worth $3.2 billion from when they were launched to FY 2015.” This equates to $3,400 in savings per voucher recipient. In 2015 alone voucher programs have saved taxpayers $408.5 million.
Read more about this issue in the October issue of CAPE Outlook.