Journal of Political Economy Vol. 90 No. 4 1982
The Welfare Cost of Free Public Schools
Abstract
The welfare cost of free public schools is the difference between the cost of those schools and the maximum parents would be willing to pay to send their children to those schools. Estimates based on data from California school districts in 1970 indicate that this welfare cost is substantial, mostly because private schools are cheaper per unit of quality than public schools.
- DOI
- 10.1086/261089
- Volume
- 90
- Issue
- 4
- Pages
- 794-808
- Language
- en
- Sources
- openalex crossref