Does School Choice Raise the Price of Private Education?

This podcast discusses the potential impact of school choice programs on private school tuition. It explores the concept of subsidizing consumption and presents data indicating that school choice programs may not necessarily lead to higher tuition prices. The analysis reveals a decrease in overall private school tuition, with a significant decrease in elementary school tuition. It also highlights the competitive environment created by more options and the impact of subsidies on an otherwise uncompetitive system. The podcast also explores the impact of Education Savings Account programs on tuition inflation and emphasizes the cost-consciousness of families receiving subsidies.