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"districts highly exposed to choice decreased expenditures and could not commensurately counteract shrinking revenues through local property tax referenda. Furthermore, short-term achievement gains reversed and became substantially negative over time." journals.sagepub.com/doi/10.3102/...

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Districts absorbing those cuts without a way to offset them really shows how fragile the balance is. Short term wins fading over time is the real lesson here. Worth watching how schools plan for the long haul, not just year one.