Do school choice initiatives really benefit students and schools? Do school choice programs cost taxpayers more money, or save money? This report synthesizes the latest empirical research on school choice to answer those questions and more. It provides an overview of the literature on five key areas: academic outcomes of choice participants, academic outcomes of public schools, fiscal impact on taxpayers, racial segregation in schools, and civic values and practices. The Friedman Foundation will release an updated edition of this report. To be the first to receive it, sign up and opt-in to receive our email communications.