What happens if the private schools respond to the availability of vouchers by jacking up their tuition?
SCHUNDLER: I think that’ll be great, because they need more money than they’re spending today. But I do have a mechanism to prevent them from raising tuition too much. I call it a state student credit. If the voucher is greater than the tuition amount, we would credit the student with the difference. Students could use that money for supplemental education, after-school tutoring, vocational education or language or music lessons. Or they could save it up and use it for college. Hence, low tuition would be a selling point for a private school, since parents could take advantage of the extra funds.
