The fly-by-night schools argument: Due to the huge sums of tax money that would be newly available under school choice, fly-by-night schools would open, looking only to make a profit.
Horror of horror! Private schools profiting off of our children! What is profit? It is a financial reward for delivering a educational service of equal quality at a lower cost, or delivering a educational service of better quality at an equal cost. Efficiency delivers profits. Inefficiency delivers bankruptcy.
And what about those “fly-by-night” schools? My answer is, “Isn’t it wonderful that a bad school can go out of business and be only a temporary problem. How many bad public schools can’t go out of business because they get tax revenue regardless of whether they are good or bad.”