After an unbroken streak of gold-standard, random assignment studies finding either positive or neutral results for school voucher programs, a new paper published by NBER finds large, negative results for the Louisiana Scholarship Program. . . .
I hope this study causes a course correction in the school choice community on several fronts (understanding the costs of regulation, how we think about test scores, the fact that all voucher programs are not created equal). It should be a wakeup call, not a death knell.