Another "Win-Win" Education Idea: Texas Takes a Look at Taxpayer Savings Grants
The movement to grow educational freedom and opportunity seems to be growing all over the nation these days. How many of you guessed Texas would be the next place for a proposal like Taxpayer Savings Grants to pick up steam?
The Taxpayer Savings Grant Program allows parents and guardians of school-age children to apply for a grant equal to tuition at a private school or 60% of the state average per-pupil spending, whichever is less.
Proponents of the program say it’s a “win-win” for students (who get an expanded range of learning options) and taxpayers (who expect to save about $2 billion over the next two years). “Win-win”: say, where did I see that phrase recently? It can refer to a number of different pro-freedom education policy reforms. In fact, Texas’ idea looks sort of like Colorado’s HB 1048 tax credit plan that was recently defeated. Hope they have better luck.
For those of you out there who need to see the numbers and the detailed analysis, the Heartland Institute and the E.G. West Institute for Effective Schooling came together to publish a report that’s worth a look. Among other tidbits, you’ll see that the $2 billion savings is actually a conservative estimate.
It’s not often I write about things going on in Texas, but this proposal is definitely worth some close attention. Lone Star State lawmakers face some compelling arguments in favor of adopting Taxpayer Savings Grants.