(National Center for Policy Analysis) The sudden increase in property values and demand for housing in Edgewood indicates the desire of parents to move into the district’s boundaries in order to qualify their child for the voucher program. While the exact number is unknown, many voucher users attended non-Edgewood public schools prior to becoming voucher users, moving to the district specifically for voucher eligibility.
In addition, others would have left the district had the vouchers not existed, including many children entering school for the first time. The Edgewood experiment shows that policymakers can reap significant economic development and educational benefits at no net fiscal cost by implementing school choice programs like universal vouchers. (Read more…)