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Charter school tax credit: Investing in human capital

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  • Ian Galloway

Abstract

This working paper considers how two existing policy tools--investment tax credits and charter schools--could be combined to raise operating funds for charter schools that successfully close the poverty-related academic achievement gap. Some charter schools have succeeded in dramatically improving low-income student performance (those run by KIPP, Achievement First, and the Harlem Children's Zone, for example). However, these successful schools differ significantly in type and approach. As a result, it is difficult to identify a single, or combination of variables in any one charter that, if replicated, would produce the same results across the public school system. This working paper acknowledges the difficulty of so-called \"silver bullet\" school reform replication and considers an alternative: cultivating a diverse array of education approaches using tools developed by the community development finance industry over the last 30 years.

Suggested Citation

  • Ian Galloway, 2010. "Charter school tax credit: Investing in human capital," Community Development Working Paper 2010-08, Federal Reserve Bank of San Francisco.
    • Handle: RePEc:fip:fedfcw:2010-08
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    References listed on IDEAS

    as
    1. Ron Zimmer & Brian Gill & Kevin Booker & Stephane Lavertu & Tim Sass & John Witte, "undated". "Charter Schools in Eight States: Effects on Achievement, Attainment, Integration, and Competition," Mathematica Policy Research Reports 6f5b31366ca2499e87ac2c1d0, Mathematica Policy Research.
    2. James J. Heckman & Dimitriy V. Masterov, 2007. "The Productivity Argument for Investing in Young Children ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(3), pages 446-493.
    3. repec:mpr:mprres:6210 is not listed on IDEAS
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