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    Charter schools are more regulated than private voucher schools, since charters must be sanctioned by a state, county, or school district to receive public funding and are subject to public accountability. Indeed, the argument for charter schools is based on the same philosophical foundation as vouchers, namely that consumer and cost-sensitive private (charter) schools, competing with public schools, would provide the best education for the most families (Chubb and Moe 1990).

    All the plans in these locations are targeted at low-income students.And high rates of attrition from private schools among voucher users in several studies raises concerns. In the only area in which there is evidence of small improvements in voucher schools—in high school graduation and college enrollment rates—there are no data to show whether the gains are the result of schools shedding lower-performing students or engaging in positive practices.Also, high school graduation rates have risen sharply in public schools across the board in the last 10 years, with those increases much larger than the small effect estimated on graduation rates from attending a voucher school.As originally conceived by Milton Friedman (1955), the purpose of vouchers is to break the “monopoly” of public schooling and extend families’ school choices for their children to include private education.Friedman, and voucher advocates more generally, argue that an education market that includes private schools competing on a financially level playing field with public schools, can deliver schooling more cheaply and satisfy consumer needs more effectively because private education is more efficient than public.

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