Don Boudreaux comments on a study done by John Wenders and Andrea Clements. The study shows that taxpayers are saved “big money” when children are home schooled. The article suggests that by children being home schooled benefit the school districts in the long-run by relieving total costs of educating them. An annual potential cost of savings to Nevada, where the study was done, taxpayers can be any where from $24.3 million to $34.6 million attributable to home schooled students. The money saved on those taught at home can be used to enhance the educational opportunities of those who attend public schools.
Business should encourage home schooling because more money will be used to enhance the education of those that attend public schools. Because workers will be more prepared, marginal productivity will increase and business profits will go up. I could be totally off on this one but I’m sure Tufte will let me know, and give me full credit.