Continuing the School Choice March: Policies to Promote Family K-12 Education Investment. Backgrounder. No. 2683

Autor/inn/en	Burke, Lindsey M.; Sheffield, Rachel
Institution	Heritage Foundation
Titel	Continuing the School Choice March: Policies to Promote Family K-12 Education Investment. Backgrounder. No. 2683
Quelle	(2012), (5 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Expenditures; Elementary Secondary Education; Tax Credits; School Choice; Higher Education; Tuition; Paying for College; Private Colleges + Suchen Sie Ihr Suchwort? Ausgaben; Steuerermäßigung; Choice of school; Schulwahl; Hochschulbildung; Hochschulsystem; Hochschulwesen; Unterweisung; Unterricht; Studienfinanzierung; Privathochschule
Abstract	Coverdell education savings accounts (ESAs), created through the federal tax code, allow families to save money tax-free for K-12 and higher education expenses. Lifting the cap on contributions to Coverdell accounts would provide greater access to school choice options by allowing families to invest more money in their children's education. Additionally, existing "529" college savings accounts should be expanded to allow families to save for K-12 education expenses. Both reforms would allow parents to use more of their money for a child's private-school tuition or other education expenses. Since most states offer either tax credits or deductions to encourage saving in a 529 plan, expanding it to make K-12 expenses allowable would effectively create opportunities for millions of American families to open ESAs. (Contains 20 footnotes.) (As Provided).
Anmerkungen	Heritage Foundation. 214 Massachusetts Avenue NE, Washington, DC 20002-4999. Tel: 202-546-4400; Fax: 202-546-8328; e-mail: info@heritage.org; Web site: http://www.heritage.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10