Most of the nation’s 48.2 million public K-12 students are assigned to their schools based on geographic school districts or attendance zones, with few options for transferring to another public school district. This method of school assignment intertwines schooling with property wealth, limiting families’ education options according to where they can afford to live.
A 2019 Senate Joint Economic Committee report found that homes near highly rated schools were four times the cost of homes near poorly rated schools. This presents a real barrier for many families – and 56% of respondents in a 2019 Cato survey indicated that expensive housing costs prevented them from moving to better neighborhoods. The challenge has only deepened as housing prices skyrocketed during the pandemic, putting better housing and education options out of reach for many.
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