Charter Schools: Doing More with Less Money
January 29, 2015
In honor of School Choice Week, organizations across the country are promoting school choice and explaining how giving parents and students options can allow children to thrive academically. At Reason.com, Jason Keisling, Nick Gillespie and Lisa Snell have compiled an infographic with some potentially surprising facts about charter schooling:
- Charters produce more, with less money. In fact, charter schools receive 30 percent less per student than what a typical public school receives, yet they perform better -- for every $1,000 in funds, charter school students perform better on standardized testing -- 16 points higher on reading, and 17 points higher on math.
- Charter schools have more racial diversity than traditional public schools. Whites make up 52.4 percent of traditional public school students but just 35.6 percent of charter school students.
- Minority children from low-income families see real academic gains from charter schools. For example, blacks from low-income families attending charter schools receive the equivalent of an additional 7.5 weeks of math instruction and 6.5 weeks of reading instruction.
The Reason report notes that 91 percent of students in New Orleans attend charter schools today. Remarkably, as economist Jared Meyer of Economics21 noted in The Hill, the high school graduation rate in New Orleans has risen from just 54 percent in 2004 to 78 percent today.
Source: Jason Keisling, Nick Gillespie and Lisa Snell, "5 Facts About Charter Schools," Reason.com, January 28, 2015.
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