Originally posted by: Steele
Originally posted by: BoberFett
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If there 100 children and it costs $1,000 to educate each of them, that's $100,000. If half of those children get vouchers of $1,000 and use it to attend a private school, the public school loses $50,000. Oh no!! The school has half as much money. They also have half as many children to educate. It's a zero sum game.
It's not a zero sum game. Imagine a hypothetical school with 20 students. Each one costs $1,000, so the school has an annual budget of $20,000. Let's imagine, then, that the teacher's salary is $5,000, the bus costs $5,000, maintenance of the building costs $5,000, and books and supplies cost $5,000. All $20,000 spent annually.
Now let's imagine that 10 of those students' parents decide their kids should be going to the expensive private school down the block. Now our hypothetical school has a budget of only $10,000, but half as many students, so it should work out, right? Well, the teacher still gets paid $5,000. The bus still costs $5,000. Maintaining the building costs $2,500, and books and supplies cost $2,500. That means that our school is now $5,000 in debt.
Obviously, this is a simplified example, but schools have large fixed costs that don't get 50% cheaper if there are only half as many students. It's far from a zero sum game.