When enrollment declines, districts spend more on fixed costs and less on variable costs (per pupil): Per-pupil spending for a hypothetical district before and after 10% reduction in enrollment

Enrollment Before enrollment decline After enrollment decline
Total  $16,667  $16,667 
Fixed $8,333  $9,259
Variable $8,333 $7,407 

Note: This is a stylistic example of a hypothetical district that spends $500 million each year on students in year 1. In this hypothetical example, the district loses 10% of their students in year 2 due to vouchers, and as a result, gets 10% less ($50 million) to spend in the district. Fixed and variable costs sum to total.

View the underlying data on epi.org.