Uploaded June 2021 | Updated September 2026, 21 minutes ago
Tepper Talks With Faculty hosted Saturday, April 17, during Tepper Virtual Reunion 2021. Esteemed Tepper School faculty presented brief, but impactful 15-minute talks, plus Q&A, on important aspects of their research as it relates to business and society.
What Have We Learned About Educational Vouchers?
Sixty years ago, Milton Friedman proposed the adoption of an educational voucher system that students could use to attend a public or private school of their choice. He argued that competition for students would induce schools to operate efficiently and reward quality teaching. Effective schools would establish good reputations and ineffective schools would close for lack of students. Families would have educational choices not bound by the residence restrictions embodied in neighborhood public school systems. In this presentation, Professor Epple will provide an overview of voucher programs in the U.S. and a brief summary of evidence with respect to their effectiveness.
Tepper Talks With Faculty hosted Saturday, April 17, during Tepper Virtual Reunion 2021. Esteemed Tepper School faculty presented brief, but impactful 15-minute talks, plus Q&A, on important aspects of their research as it relates to business and society.
What Have We Learned About Educational Vouchers?
Sixty years ago, Milton Friedman proposed the adoption of an educational voucher system that students could use to attend a public or private school of their choice. He argued that competition for students would induce schools to operate efficiently and reward quality teaching. Effective schools would establish good reputations and ineffective schools would close for lack of students. Families would have educational choices not bound by the residence restrictions embodied in neighborhood public school systems. In this presentation, Professor Epple will provide an overview of voucher programs in the U.S. and a brief summary of evidence with respect to their effectiveness.










