University of Arkansas professor Patrick Wolf and his research colleagues found charter schools get more results for less money than their public school counterparts. "We found that across all 28 states that we examined, that the charter schools sectors were more productive in terms of generating student achievement, per dollar invested in them." Wolf said.
According to the study, charter schools were shown to be 40 percent more cost effective than traditional public schools. In some cities, such as Washington D.C this percentage gap climbed to more than 100 percent.
Being more cost effective is something that has just recently become more important according to Wolf. "Funds are tighter now, money is more scarce, and so there is a lot of pressure on policy makers to get more bang for the buck." Wolf said. "Charter schools are getting this greater efficiency through some thing they're doing in their delivery of education." Wolf continued.
What that something is exactly? Is not quite clear.This study focused solely on costs - and not methods.Though past research shows charter schools hire fewer administrators, leaving more resources for teachers and classrooms.
Wolf says a future study would be needed to see what exactly is making these charter schools more effective. To see the study for yourself, click here.