The Way of the Future: Education Savings Accounts for Every American Family

Autor/in	Ladner, Matthew
Institution	Friedman Foundation for Educational Choice
Titel	The Way of the Future: Education Savings Accounts for Every American Family
Quelle	(2012), (28 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Educational Finance; Educational Vouchers; Private Schools; Money Management; Higher Education; Student Financial Aid; Accountability; Access to Information; Disclosure; Competition; Educational Equity (Finance); Court Litigation; Special Needs Students; State Legislation; School Choice; Arizona; Florida + Suchen Sie Ihr Suchwort? Bildungsfonds; Educational voucher; Bildungsgutschein; Private school; Privatschule; Hochschulbildung; Hochschulsystem; Hochschulwesen; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Verantwortung; Wettkampf; Rechtsstreit; Sonderpädagogischer Förderbedarf; Landesrecht; Choice of school; Schulwahl
Abstract	Education savings accounts are the way of the future. Under such accounts--managed by parents with state supervision to ensure accountability--parents can use their children's education funding to choose among public and private schools, online education programs, certified private tutors, community colleges, and even universities. Education savings accounts bring Milton Friedman's original school voucher idea into the 21st century. Arizona lawmakers were the first to create such a program, called Empowerment Scholarship Accounts (ESAs). Through that program, the state of Arizona deposits 90 percent of the funds for a participating child into an account, which can cover multiple educational services through use-restricted debit cards. A fully realized system of ESAs would create powerful incentives for innovation in schooling practices seeking better outcomes for lower costs. Also, the broader use of funds may help to immunize choice programs against court challenges in some states. Policymakers must fashion their system of accounts to provide reasonable state oversight, fraud prevention, academic transparency, and equity. If Milton Friedman were alive today, he likely would agree that education savings accounts represent a critical refinement of his school voucher concept. Existing voucher programs create healthy competition between public and private schools, but ESAs can create a much deeper level of systemic improvement. ESAs would allow parents to build a customized education to match the individual needs of every child, thus transforming education for the better. (Contains 10 figures and 25 notes.) (ERIC).
Anmerkungen	Friedman Foundation for Educational Choice. Available from: Foundation for Educational Choice. One American Square Suite 2420, Indianapolis, IN 46282. Tel: 317-681-0745; Fax: 317-681-0945; e-mail: info@edchoice.org; Web site: http://www.edchoice.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10