Expand educational options for Kentucky families with scholarship tax credits
08/23/2016
I've learned a lot in my two decades working in education. One thing I've learned is that no school, no matter how good, can adequately meet the needs of every single student. That's why every family deserves the chance to choose from a variety of high-quality schooling options, regardless of their income level or ZIP code.
There are many policy strategies for expanding educational choice, including charter schools and education savings accounts, both of which I support. But scholarship tax credits, while technically a bit more complex to explain that charters and ESA's, may provide an additional school choice strategy with broad public appeal.
Louisville businessman Charles Leis, president of the 501c3 non-profit group EdChoice Kentucky, recently sat down with CN2 reporter Nick Storm to explain how scholarship tax credits work. Watch the video below (disclaimer: I serve on the board of directors for EdChoice Kentucky).
As Charlie explains, scholarship tax credits rely solely on private donations to fund scholarships for students to attend non-public schools. The tax credit encourages such donations without changing the funding for traditional public schools, and ultimately saves taxpayers money because there are fewer students in those schools to educate. Read more about scholarship tax credits and how they might work in Kentucky at the links below.
(Usual disclaimer: All views expressed on this blog are mine alone and do not represent Western Kentucky University or the Kentucky Board of Education).
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