There’s a crisis inside the Beltway:

Public schools don’t work. Drop out rates in Washington are among the highest in the nation, and test scoring couldn’t get any lower.

And yet more money is spent educating students in D.C. public schools (search) than just about anywhere. The total is over $11,200 per student.

The question is, if parents and students were given all that money to educate their own children, couldn’t they do a better job? We’re about to find out.

Come September, about 1,200 low-income students will be given vouchers of $7,500 which they can take to the private or parochial schools of their choice. The organization selected to find successful applicants has been flooded with about 1,000 more requests than there were spaces to fill.

But opponents of vouchers, who fear it’s an attempt to undermine public schooling, are trying to discredit the voucher program even before it begins.

On June 11, The Washington Post claimed that turnout for vouchers was low in a piece titled: “D.C. Vouchers Outnumber Applicants.”

But that story was directly refuted on the same day by Associated Press, which correctly reported: “Huge Demand for School Vouchers in Capital City.”

Tracking the reporting on the voucher story may be as important as tracking the story itself.

Stay tuned.

And that's The Observer.

David Asman joined FOX News Channel (FNC) in 1997 and currently serves as host of "Forbes on FOX," a weekend half-hour program that offers an informative look at the business week (Saturday from 11:00-11:30 AM/ET). Asman is also an anchor on FOX Business Network, where he co-hosts "After the Bell" (4-5 PM/ET) with anchor Melissa Francis.