Estimating the Long-Run Impact of a Universal ESA Program in Mississippi. Fiscal Brief

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Title: Estimating the Long-Run Impact of a Universal ESA Program in Mississippi. Fiscal Brief
Language: English
Authors: Michael Q. McShane, Martin F. Lueken, EdChoice, Fiscal Research & Education Center (FREC)
Source: EdChoice. 2025.
Availability: EdChoice. 111 Monument Circle Suite 2650, Indianapolis, IN 46204. Tel: 317-681-0745; e-mail: info@edchoice.org; Web site: http://www.edchoice.org
Peer Reviewed: N
Page Count: 7
Publication Date: 2025
Document Type: Reports - Evaluative
Education Level: High Schools
Secondary Education
Descriptors: State Programs, School Choice, Program Effectiveness, Educational Finance, High School Students, Educational Attainment, Public Education, Eligibility
Geographic Terms: Mississippi
Abstract: Education prepares young people for success later in life. But because we tend to only be able to measure short term inputs and outputs (like per pupil funding and student test scores) we often fail to estimate how much a program costs or benefits over the long term. Admittedly, the longer into the future one looks, the more uncertain the facts are. But with appropriate cautions in place, we can make some informed assumptions as to what will happen to students who participate in choice programs over the long term. Private school choice programs have been repeatedly found to increase both high school graduation, college matriculation, and college graduation rates, for both participating students and for students who remain in public schools. All three of those are associated with higher lifetime earnings (and thus higher tax payments), and a host of other positive outcomes from longer, healthier life expectancies to decreased risks of either committing or being the victim of a crime. Economists have put dollar amounts on those benefits, and thus if we can estimate how many more high school students will attain education at a higher level than they would have absent the program, we can project the long term benefit of the program. Taking this into account we can reasonably estimate a positive long-term impact of a universal private educational choice program of between $215.2 million and $3.2 billion per academic year.
Abstractor: ERIC
Entry Date: 2026
Accession Number: ED680948
Database: ERIC
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  Data: Estimating the Long-Run Impact of a Universal ESA Program in Mississippi. Fiscal Brief
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  Data: <searchLink fieldCode="AR" term="%22Michael+Q%2E+McShane%22">Michael Q. McShane</searchLink><br /><searchLink fieldCode="AR" term="%22Martin+F%2E+Lueken%22">Martin F. Lueken</searchLink><br /><searchLink fieldCode="AR" term="%22EdChoice%2C+Fiscal+Research+%26+Education+Center+%28FREC%29%22">EdChoice, Fiscal Research & Education Center (FREC)</searchLink>
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  Data: EdChoice. 111 Monument Circle Suite 2650, Indianapolis, IN 46204. Tel: 317-681-0745; e-mail: info@edchoice.org; Web site: http://www.edchoice.org
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  Data: 7
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  Data: 2025
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  Data: <searchLink fieldCode="EL" term="%22High+Schools%22">High Schools</searchLink><br /><searchLink fieldCode="EL" term="%22Secondary+Education%22">Secondary Education</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22State+Programs%22">State Programs</searchLink><br /><searchLink fieldCode="DE" term="%22School+Choice%22">School Choice</searchLink><br /><searchLink fieldCode="DE" term="%22Program+Effectiveness%22">Program Effectiveness</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Finance%22">Educational Finance</searchLink><br /><searchLink fieldCode="DE" term="%22High+School+Students%22">High School Students</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Attainment%22">Educational Attainment</searchLink><br /><searchLink fieldCode="DE" term="%22Public+Education%22">Public Education</searchLink><br /><searchLink fieldCode="DE" term="%22Eligibility%22">Eligibility</searchLink>
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  Label: Geographic Terms
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  Data: <searchLink fieldCode="DE" term="%22Mississippi%22">Mississippi</searchLink>
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  Label: Abstract
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  Data: Education prepares young people for success later in life. But because we tend to only be able to measure short term inputs and outputs (like per pupil funding and student test scores) we often fail to estimate how much a program costs or benefits over the long term. Admittedly, the longer into the future one looks, the more uncertain the facts are. But with appropriate cautions in place, we can make some informed assumptions as to what will happen to students who participate in choice programs over the long term. Private school choice programs have been repeatedly found to increase both high school graduation, college matriculation, and college graduation rates, for both participating students and for students who remain in public schools. All three of those are associated with higher lifetime earnings (and thus higher tax payments), and a host of other positive outcomes from longer, healthier life expectancies to decreased risks of either committing or being the victim of a crime. Economists have put dollar amounts on those benefits, and thus if we can estimate how many more high school students will attain education at a higher level than they would have absent the program, we can project the long term benefit of the program. Taking this into account we can reasonably estimate a positive long-term impact of a universal private educational choice program of between $215.2 million and $3.2 billion per academic year.
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  Label: Abstractor
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  Label: Entry Date
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  Data: 2026
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  Data: ED680948
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=eric&AN=ED680948
RecordInfo BibRecord:
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    Languages:
      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 7
    Subjects:
      – SubjectFull: State Programs
        Type: general
      – SubjectFull: School Choice
        Type: general
      – SubjectFull: Program Effectiveness
        Type: general
      – SubjectFull: Educational Finance
        Type: general
      – SubjectFull: High School Students
        Type: general
      – SubjectFull: Educational Attainment
        Type: general
      – SubjectFull: Public Education
        Type: general
      – SubjectFull: Eligibility
        Type: general
      – SubjectFull: Mississippi
        Type: general
    Titles:
      – TitleFull: Estimating the Long-Run Impact of a Universal ESA Program in Mississippi. Fiscal Brief
        Type: main
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            NameFull: EdChoice, Fiscal Research & Education Center (FREC)
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            NameFull: Michael Q. McShane
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            NameFull: Martin F. Lueken
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            – D: 01
              M: 12
              Type: published
              Y: 2025
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            – TitleFull: EdChoice
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