The fun thing is that vouchers would do the most damage to the MAGAts in Southlake that want it the most.
If there are suddenly a bunch of kids going to private school instead of Southlake, two things happen: (1) Southlake's attendance drops, meaning its state funding drops, which means that its rankings go down, or (2) to forestall that from happening, Carroll ISD starts accepting a lot of transfers. In either event, the value of a house in Southlake goes down.
If I am looking for a house in the Dallas suburbs, why would I possibly move to Southlake if the school district's rankings are shit? And if the school district is keeping its rankings/state funding up by accepting transfers, why would I pay a premium to move to Southlake when I can live in a neighboring burg and transfer into the school?
Good job, MAGAts--you're about to nuke your own property values.
Yes--you'd essentially be taking money directly from public school districts and giving it to private schools, some of which are for-profit enterprises. That is because state funding is based on attendance. So the more kids that opt out of the public school district, the lower the district's funding.
As noted above, Chernow's biography of Grant is really very good.