Giving parents the ability to choose what school their children attend could save North Carolina taxpayers money, among other benefits, according to a new study.
Released this week by Raleigh-based conservative think tank Civitas Institute and libertarian think tank Reason Foundation, the study said establishing a statewide education savings account program in North Carolina could improve educational and socioeconomic outcomes.
“Statewide education savings accounts would put the power in the hands of families by funding students instead of school systems, just like we already do with many other taxpayer-funded initiatives,” wrote Corey DeAngelis, director of school choice for the Reason Foundation.
North Carolina’s education savings account program provides up to $9,000 a year for students with disabilities to attend a nonpublic school or home school. By looking at how the current program has affected academic achievement and educational attainment, researchers estimate a