As regulation for private and charter institutions cannot be controlled by the government even though tax dollars would contribute t...
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...creases in individual human capital. A study on the success of vouchers from 2012 showed that African American students benefiting from vouchers to attend private schools were greater than 24% more likely to attend college than their peers who did not have the same opportunity (Wall Street Journal). If the goal of education is to help the economy, the availability of more vouchers to attend private schools and successful charter methods would help to increase America’s human capital and help the United States to become a more competitive nation. Not only would publicly funded private and charter schools positively utilize the free market economy for regulation, ultimately promoting quality improvement, but also, as more students are able to attend such institutions, the return on funds via increased human capital would absolutely help the nation’s economy as a whole.
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