School Vouchers vs Public School Reserves
One of the most popular criticisms of school choice is that it would drain funds from public school.
But consider this: Critics of SB 1 say that vouchers will take $50 million from school districts in the first year (the bill sponsors estimate half this amount). Pennsylvania school districts had over $2.5 billion in reserve funds following the 2008-09 school year. The chart below compares these two figures.
Does it look to you like column one would break the back of school districts, when column two represents their reserve funds?
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The Commonwealth Foundation is Pennsylvania's free-market think tank. The Commonwealth Foundation crafts free-market policies, convinces Pennsylvanians of their benefits, and counters attacks on liberty.