The Productivity of Public Charter Schools in Seven U.S. Cities

Historically, public education spending in the United States has risen at a steady rate. In 2017-2018 alone, policymakers spent over $780 billion on the public education system. The intent behind education spending is to create more and better opportunities for students to excel academically, thereby improving their life trajectories. However, looming future challenges such as underfunded teacher pension liabilities suggest that policymakers should “economize” their spending wherever possible. The number of public charter schools, concomitantly, has experienced near exponential growth.