Skip to Content
Federal Reserve Bank of Chicago
  • About Us
  • Contact Us
  • Newsroom
  • Museum
  • Careers
  • Banking
  • Research
  • Markets
  • Publications
    • Periodicals
    • Data Releases
    • Speeches
  • Events
  • Education
  • People
  • Region
School Vouchers and Student Achievement: Recent Evidence, Remaining Questions
  • Share
  • Print
    • Text Size
    • Smaller
    • Larger
WP cover
On This Page
WP 2008-08

In this article, the authors review the empirical evidence on the impact of education vouchers on student achievement, and briefly discuss the evidence from other forms of school choice.

  • Download Entire Publication
Last Updated: 08/13/2008

School Vouchers and Student Achievement: Recent Evidence, Remaining Questions

Lisa Barrow, Cecilia Elena Rouse

In this article, the authors review the empirical evidence on the impact of education vouchers on student achievement, and briefly discuss the evidence from other forms of school choice. The best research to date finds relatively small achievement gains for students offered education vouchers, most of which are not statistically different from zero. Further, what little evidence exists regarding the potential for public schools to respond to increased competitive pressure generated by vouchers suggests that one should remain wary that large improvements would result from a more comprehensive voucher system. The evidence from other forms of school choice is also consistent with this conclusion. Many questions remain unanswered, however, including whether vouchers have longer-run impacts on outcomes such as graduation rates, college enrollment or even future wages, and whether vouchers might nevertheless provide a cost-neutral alternative to the current system of public education provision at the elementary and secondary school level.

Subscribe Now

Register to receive email alerts when new issues are published.

Subscribe
More by this Author

Lisa Barrow

  • Explaining the Recent Decline in the Unemployment Rate
  • The Upside of Down: Postsecondary Enrollment in the Great Recession

Cecilia Elena Rouse

  • The Economic Value of Education by Race and Ethnicity
  • Do Returns to Schooling Differ by Race and Ethnicity?
Related Topics
  • Facing the Challenge of Retiree Health Care: Liabilities and Responses of State and Local Governments—A Conference Summary
  • Bankruptcy – the New Law
  • Higher Education and Economic Growth (Special Issue)
  • The Effect of School Finance Reform on Population Heterogeneity
View All

Follow Us:

FaceBook RSS Twitter YouTube
  • About Us
  • Contact Us
  • Newsroom
  • Subscribe
  • Tours
  • Careers
Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322
Copyright © 2012. All rights reserved. Please review our
  • Privacy Policy
  • Legal Notices