From the press release:
Students in Milwaukee’s school voucher program are getting an equal or better education at half the cost of local public schools, according to a major report released today. The report also validated that the nation’s longest-running private school choice program improves public school performance and boosts achievement for participating students.
Conducted by researchers at the University of Arkansas as part of the independent School Choice Demonstration Project (SCDP), the report found that students in the program generally posted achievement gains that were somewhat higher than that of students in the Milwaukee Public Schools (MPS). When compared to children in MPS, students enrolled in the Milwaukee Parental Choice Program experienced statistically significant gains in 7th and 8th grade math.
At the same time, the report concluded that the MPCP continues to save Wisconsin taxpayers tens of millions of dollars a year. For FY 2009 alone, the state saved $37 million as a result of the voucher program. While the report is focused on state sources of funding, when federal sources of funding are included, it costs $13,468 to educate an MPS child, versus a maximum of $6,607 to educate an MPCP student.
Alliance for School Choice