A few months ago one of my Education Policy Center friends created one of the first-ever Freedom Minute videos on “The Education Debit Card.” Remember? It’s everywhere you want to learn or Don’t leave home without it.
The Education Debit Card is a catchier name for Education Savings Accounts (ESAs). Dubbed the “iPhone” of school choice by Matt Ladner, ESAs give families control over a prescribed amount of state education funds to be used on private school tuition, tutoring, instructional materials, online courses, educational therapies, or to save for college expenses. More than any kind of choice program, it targets dollars to serve students’ individual learning needs.
At the time the video was made there were exactly two states with ESAs: Arizona and Florida. And both those states had limited eligibility, mostly students with recognized special needs and/or in special circumstances (e.g., foster care or military family). As of yesterday, there are five states, including the first to offer nearly universal ESAs to all public school children. Continue Reading »