The study finds that Texas school districts facing more private school competition have lower public school dropout rates. A modest school choice program, which would increase private school enrollment by just five percent, would reduce the public school dropout rate by 8,700 – 17,400 students per year. This would save between $27 and $53 million annually over the expected life of the students.
Or maybe they have a lower dropout rate because the school gets the same amount in local property taxes collected to support a fewer number of students.
Since the money is calculated by what the state would save, does that mean the study is supporting a state wide school finance system to support vouchers?