"Did vouchers save our district money?" It depends on who's leaving. The "fixed cost" argument is a real position in school-finance research. It says buildings, admin, and debt service don't shrink when a student leaves, so districts only lose the variable share of cost per voucher student, roughly 64% of spending by one common estimate, not the full amount. But that logic only holds if the voucher student would have otherwise enrolled in the public school. Local data complic