By John Merrifield, Ph.D. and Joseph L. Bast
The Texas Savings Grant Program was submitted to the authors for an independent examination of its likely fiscal impact. Using the assumptions and methodology described in this report, government data on enrollment levels, and three independent estimates of the probability of parents choosing private schools under such a program, the authors determine the program would generate a net savings to the state of approximately $2.0 billion in the first two years.
