Posted on June 16, 2008 at 12:46 pm by Coby Loup
Hidden costs
Last week the Wall Street Journal editors defended D.C.’s voucher program after the Washington Post reported that its days could be numbered. They made the decent point that “The $7,500 voucher is a bargain for taxpayers because it costs the public schools about 50% more, or $13,000 a year, to educate a child in the public schools.” It would have been an excellent point, though, had they known and let it be known that in reality the district spends closer to $24,000 per pupil.
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June 17th, 2008 at 9:36 am
Great to have that additional fact, but someone should have noticed that the original math was bad wrong. 50% more than $7,500 is $11,250. $13,000 is 73% more, and $24,000 is 220% more.