Media and school choice opponents often report that school voucher programs push extra costs onto taxpayers. However, research shows that voucher programs have historically saved money. This is because the cost of school vouchers is typically lower than the average per-pupil amount spent in public schools. State finance laws and policies, as well as federal-aid allocation formulas, complicate the cost-savings picture. But what is not complicated is the fact that school voucher programs have saved at least $1.7 billion since the 1990–91 school year. Read this report for a program-by-program breakdown of school voucher costs and savings.