As National School Choice Week winds down, the nonprofit EdPref Wyoming is pushing to expand the options available in the Cowboy State.
Wyoming Public Media reports that the organization has proposed the addition of education savings accounts (ESAs) and a tax credit program, funded by the oil and mineral industries, both of which would fund scholarships or other educational expenses.
“In an education savings account, a low to middle-income family could apply to this fund, if they take their child out of public schools,” says EdPref board chair Meredith Adams. “And you would receive, in an account, 50 percent of what Wyoming would have spent on your child in the public schools — which would be about $8,000.”
Adams went on to describe how such programs would also support traditional public schools. “The state as a whole would actually realize millions of dollars of savings,” she said. “We’ve taken $5 million dollars out of the revenue stream, but we’re going to eliminate almost $10 million dollars in expenses, because the students who participate in the program will be coming out of the public school system.”
Read the full story at Wyoming Public Media.