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Homeschooled students and students who attend private schools often outperform students who attend public schools.
If enough parents decide to homeschool their kids or send them to private schools, certain municipalities will be able to abolish their public school districts. Those municipalities can spend the money on other things, such as adding books to libraries, improving infrastructure, sprucing up parks and recreation centers, or buying new equipment for first responders. Or they can cut tax rates and encourage new residents and businesses to move in.