US

Education

Public school students would receive a higher quality education if they all had the option of taking the government money (local, state, federal) currently being spent on their own education and turning that money into vouchers that they could use towards covering the costs of any private school or public school of their choice (e.g. charter schools).

Responses weighted by each expert's confidence

Participant University Vote Confidence Bio/Vote History
Acemoglu
Daron Acemoglu
MIT
Uncertain
5
Bio/Vote History
Vouchers likely to improve things in short run given the awful state of US public schools. But we know little about their long run effects.
Alesina
Alberto Alesina
Harvard
Agree
8
Bio/Vote History
Altonji
Joseph Altonji
Yale
Uncertain
5
Bio/Vote History
The evidence is mixed on the benefits of school choice.
Auerbach
Alan Auerbach
Berkeley
Uncertain
5
Bio/Vote History
Autor
David Autor
MIT
Disagree
6
Bio/Vote History
Maddeningly sweeping! Some students would benefit and the average effect might indeed be positive. But some students would surely be harmed.
Baicker
Katherine Baicker
University of Chicago
Uncertain
6
Bio/Vote History
Those using vouchers would likely be better off, but others might be worse - need to consider system-level and distributional effects.
Bertrand
Marianne Bertrand
Chicago
Uncertain
5
Bio/Vote History
Chetty
Raj Chetty
Harvard
Uncertain
7
Bio/Vote History
Chevalier
Judith Chevalier
Yale
Agree
5
Bio/Vote History
The kids whose parents don't pay attention or are poorly informed can be worse off. Otherwise agree.
Currie
Janet Currie
Princeton
Disagree
8
Bio/Vote History
More motivated and able students would take advantage of the vouchers, but the students left behind would likely be worse off.
Cutler
David Cutler
Harvard
Uncertain
7
Bio/Vote History
The existing alternatives to public schools are not all of uniformly higher quality; adverse selection is a big deal too.
Deaton
Angus Deaton
Princeton
Strongly Disagree
7
Bio/Vote History
And what about the kids that don't take up the vouchers?
Duffie
Darrell Duffie
Stanford
Uncertain
2
Bio/Vote History
Maybe yes. And maybe those left behind would do worse. The equilibrium could be tough.
Edlin
Aaron Edlin
Berkeley
Agree
6
Bio/Vote History
On the plus side, incentives are better under vouchers. On the negative side, decision making might be in the hands of those with less info
Eichengreen
Barry Eichengreen
Berkeley
Disagree
8
Bio/Vote History
Fair
Ray Fair
Yale
Uncertain
10
Bio/Vote History
I think the majority of public school students would be better off, but certainly not all. The question is ambiguous about the percent.
Goldberg
Pinelopi Goldberg
Yale
Disagree
6
Bio/Vote History
Treating students as clients does not improve education. Evidence on voucher programs very mixed - no robust evidence of positive effects.
Goldin
Claudia Goldin
Harvard
Agree
9
Bio/Vote History
Many public school students would benefit but some with little choice might not. On net it would be beneficial and increase competition.
Goolsbee
Austan Goolsbee
Chicago Did Not Answer Bio/Vote History
Greenstone
Michael Greenstone
University of Chicago
Agree
7
Bio/Vote History
Competition is likely beneficial on average. Less clear that all students would benefit leading to tough ?s about social welfare functions
Hall
Robert Hall
Stanford
Agree
5
Bio/Vote History
The problem with cashing out public support of education is that parents are the agents of children and some parents are poor agents.
Holmström
Bengt Holmström
MIT Did Not Answer Bio/Vote History
Hoxby
Caroline Hoxby
Stanford
Strongly Agree
10
Bio/Vote History
There is enough in avg student's per-pupil budget for a solid supply-side response-i.e. what's needed for widespread benefits of competition
Judd
Kenneth Judd
Stanford
Uncertain
6
Bio/Vote History
I do not believe that all students would be better off.
Kashyap
Anil Kashyap
Chicago Booth
Agree
3
Bio/Vote History
Hard to know what the equilibrium will be, but so many kids are trapped now eventually most of them would have better choices.
Klenow
Pete Klenow
Stanford
Agree
3
Bio/Vote History
If peer effects are important, could have most gain but some lose.
-see background information here
Lazear
Edward Lazear
Stanford
Agree
7
Bio/Vote History
The main disadvantage to vouchers is potential weakening of public schools. But those that would lose students are terrible already.
Levin
Jonathan Levin
Stanford
Uncertain
5
Bio/Vote History
Hard to give a blanket answer to this question
Nordhaus
William Nordhaus
Yale
Disagree
3
Bio/Vote History
Hard to predict what a privatized school system would look like.
Obstfeld
Maurice Obstfeld
Berkeley
Uncertain
3
Bio/Vote History
The issues and caveats strike me as far too complex for 140 characters.
Rouse
Cecilia Rouse
Princeton
Disagree
10
Bio/Vote History
Saez
Emmanuel Saez
Berkeley
Agree
4
Bio/Vote History
Scheinkman
José Scheinkman
Columbia University Did Not Answer Bio/Vote History
Schmalensee
Richard Schmalensee
MIT
Disagree
6
Bio/Vote History
Many would of course benefit, but those in rural areas or with irresponsible parents wouldn't. Charters aren't magic.
Shin
Hyun Song Shin
Princeton
Uncertain
6
Bio/Vote History
Stock
James Stock
Harvard
Uncertain
4
Bio/Vote History
School choice has merits but the system is complex and long-term effects on both private and public education is unclear.
Stokey
Nancy Stokey
University of Chicago
Strongly Agree
9
Bio/Vote History
It's the only way to break the unions. Why do that? Fran Tarkenton said it all in his recent WSJ op ed piece.
-see background information here
Thaler
Richard Thaler
Chicago Booth
Agree
6
Bio/Vote History
Hurray for charter schools but to go to full vouchers it is necessary to deal with possible unraveling if no schools want the bottom kids.
Udry
Christopher Udry
Northwestern
Agree
8
Bio/Vote History
Zingales
Luigi Zingales
Chicago Booth
Strongly Agree
5
Bio/Vote History