A new report from the University of Arkansas should provide proponents of charter schools and school choice additional ammunition in their efforts to reform a struggling American education system.
According to Reason, Researchers examined data from 21 different states. While the results varied, charter schools were found to be more productive—and generate a higher return on investment—than traditional public schools (TPS). On average, charter school students scored so much better on assessments that spending money on charters was roughly 40 percent more efficient than spending money on TPS. According to the study:
Comparing [National Assessment of Education Progress] achievement obtained in public charter schools versus TPS for 21 states and DC, we find the public charter school sector delivers a weighted average of an additional 17 NAEP points per $1000 invested in math, representing a productivity advantage of 40% for charters; In reading, the public charter sector delivers an additional 16 NAEP points per $1000 invested, representing a productivity advantage of 41% for charters.
The bad news is that, according to the report, as pointed out on page 28 of the report, New Mexico’s charter schools have the lowest State-level Return on Investment for Charter Schools Relative to Traditional Public Schools of the states studied. It is still positive, but not as good as it could be.