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“How should states invest limited education dollars to raise student achievement at scale?” New research from the American Federation for Children asked this question and found that Florida’s school choice investment was 11 times more cost-effective than increasing public school spending. Patrick Graff, Senior Fellow with the American Federation for Children, compared the best research in the competitive effects of school choice programs and the best research in K-12 school spending, both of which were published in top economics journals. He found that Florida's school choice rich policy environment benefited both public and private school students, and the effects of competition created a return on investment MUCH larger than simply spending more on public schools.
School Choice or School Spending? Florida’s 15-Year Experiment Points to the Answer: https://www.educationnext.org/school-choice-or-school-spending-floridas-15-year-experiment-points-to-the-answer/
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Ginny Gentles