Download or read book The Fiscal Impact of Tax Credit Scholarships in Georgia School Choice Issues in the State written by Brian Gottlob and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study seeks to inform the debate over a proposal in Georgia to give tax credits for contributions to organizations that provide scholarships to K-12 private schools. Such a program would extend to K-12 education the philosophy of choice that is inherent in the state's existing Hope Scholarships program for college students. This study constructs a model to determine the fiscal impact of tax-credit scholarships on the state and on local school districts. In addition to allowing Georgia to expand educational opportunity and improve the equity of its education system, a tax-credit scholarship program would generate large fiscal benefits for local school districts, increasing the available resources for students who remain in public schools. Because much of their revenue does not vary with enrollment, school districts would retain much of the funding associated with students who use scholarships to migrate from public to private schools. The overall impact on public schools would be to increase the financial resources available per student. Depending on how the program is designed, it could also result in a fiscal savings to the state budget. Even if it does not produce a savings at the state level, costs to the state would be significantly reduced because public school spending would go down as students leave with scholarships. (Contains 8 figures, 12 tables, and 25 endnotes.) [This study was released jointly by the Friedman Foundation for Educational Choice, Alliance for School Choice, Georgia Public Policy Foundation, Americans for Prosperity, Black Alliance for Educational Options, and Georgia Family Council.].
Download or read book The Fiscal Impact of Tax Credit Scholarships in Montana School Choice Issues in the State written by Brian Gottlob and published by . This book was released on 2009 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many states have enacted or are considering proposals to give tax credits for contributions that provide tuition scholarships for students in K-12 schools to attend the private or public schools of their choice. This study seeks to inform the public and policymakers about the implications for Montana if the state were to enact such a program. The study constructs a model to determine the likely contributions that will be received, the level of participation in the program among families and students of different income levels, and the overall fiscal impact of tax-credit scholarships on state government and local school districts. In addition to expanding educational opportunity and improving the equity of the education system, a tax-credit scholarship program would generate significant fiscal benefits for local school districts by increasing the available resources for students who remain in public schools. Because much of their revenue does not vary with enrollment, school districts retain much of the funding associated with students who use scholarships to migrate from public to private schools. The overall impact on public schools is an increase in the financial resources available for each student who remains in a public school. Depending on how the program is designed, it could also result in fiscal savings to the state budget. Even if it does not produce a savings at the state level, overall costs will be significantly reduced because public school spending will go down as students leave with scholarships. (Contains 8 figures, 12 tables and 28 endnotes.) [This study was released jointly by the Friedman Foundation for Educational Choice and the Montana Family Foundation.].
Download or read book The Economic and Fiscal Costs of Failing to Reform K 12 Education in Georgia School Choice Issues in the State written by Brian J. Gottlob and published by . This book was released on 2009 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study documents the public costs of high school dropouts in Georgia, and examines how policies that increase school choice, such as the recently-enacted tuition tax credit scholarship program will provide large public benefits by increasing public school graduation rates. The study calculates the annual cost of Georgia dropouts caused by reduced tax revenue, as well as increased Medicaid, public assistance and incarceration costs, and documents the employment impacts that dropouts have on the Georgia economy. It then examines how competition from private schools already raises public school graduation rates, and calculates the dollar value of the public benefits that result from Georgia's increased public school graduation rates generated by a modest school choice program. Key findings include: (1) Georgia residents who were born in the state are twice as likely to be high school dropouts and one-half less likely to have a college degree as residents who have moved to Georgia from another state; (2) Each Georgia dropout costs the state about $2,455 each year after they leave school, and for the remainder of their lives; and (3) A school choice policy improves public school graduation rates and produces millions in public savings. (Contains 10 figures, 8 tables, and 44 endnotes.) [This study was released jointly by the Friedman Foundation for Educational Choice and the Georgia Public Policy Foundation.].
Download or read book The Fiscal Impact of a Corporate Individual Tax Credit Scholarship Program on the State of Indiana School Choice Issues in the State written by David Stuit and published by . This book was released on 2009 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indiana legislators are currently debating the merits of a proposal to adopt a statewide tuition scholarship tax credit program. The proposed program would make available $5 million in tax credits that businesses and individuals could claim by making donations to non-profit Scholarship Granting Organizations (SGOs). SGO donations would be matched at 50 percent, meaning that the state would provide a 50 cent tax credit for each dollar donated to a SGO. SGOs would in turn distribute scholarships for families to use towards private schooling costs. Eligibility for the program is restricted to students who were not enrolled in private schools in the previous school year and whose household income is at or below 200 percent of the federal free and reduced-price lunch program. Students who received a scholarship in the previous school year from a qualifying non-profit are also eligible. The purpose of this study is to project the impact of this program on the state's public education costs. It forecasts the immediate costs of the program in foregone state tax revenue and the potential cost savings that result if public school students use the scholarships to migrate to private schools. These estimations will allow policymakers and taxpayers to evaluate the merits of the policy in the context of its financial implications for the state. Findings reveal that the tax credit scholarship program will result in savings to the state, regardless of demand. The program is estimated to produce cost savings at any scholarship amount between $500 and $5,000. (Contains 4 figures, 10 tables, and 13 endnotes.) [This study was released jointly by the Friedman Foundation for Educational Choice, the Alliance for School Choice, School Choice Indiana, Indiana Non-Public Education Association, Indiana Catholic Conference, Agudath Israel of America, and the Educational Choice Charitable Trust.].
Download or read book A Failed Experiment written by Southern Education Foundation and published by . This book was released on 2011 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Georgia is one of seven states that currently allow tax credits for scholarships to private schools. The law permits individual taxpayers in Georgia to reduce annual state taxes up to $2,500 for joint returns when they divert funds to a student scholarship organization (SSO). Georgia's law providing tax credits for private school tuition grants or scholarships has operated amid hard economic times on the public promise that this tax-funded experiment will help the state's neediest students who are trapped in low-performing public schools and, at the same time, save the Georgia taxpayers money. Based on all available evidence, it is clear that the state's investment in private schools has failed to achieve its aims. In fact, the Georgia program appears to be more about doling out tax dollars to SSOs and far less about improving the educational choices for needy students in public schools. Nothing in the recent amendments to the law will alter this pattern. Georgia's tax-credit program for private choice has failed the state's children and Georgia taxpayers. It is time to end--or vastly mend--Georgia's failed experiment in tax credit scholarships for private schools. (Contains 1 footnote.) [For the main report, "A Failed Experiment: Georgia's Tax Credit Scholarships for Private Schools," see ED535565.].
Download or read book The Tax Credit Scholarship Audit written by Martin F. Lueken and published by . This book was released on 2016 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report follows up on previous work that examined the fiscal effects of private school voucher programs. It estimates the total fiscal effects of tax-credit scholarship programs--another type of private school choice program--on state governments, state and local taxpayers, and school districts combined. Based on a range of assumptions, these programs generated between $1.7 billion and $3.4 billion in taxpayer savings through the 2013-14 school year. That is equivalent to up to $3,000 per scholarship student. In general, tax-credit scholarships allow taxpayers to receive full or partial tax credits when they donate to nonprofits that provide students with private school scholarships. Eligible taxpayers can include both individuals and businesses. Some supporters of tax-credit scholarships argue that they give taxpayers more freedom than vouchers to support the types of education that align with their values and preferences. Vouchers, on the other hand, "compel taxpayers to financially support forms of education to which they may object." For the period covered in this analysis, there were 21 tax-credit scholarship programs operating in 17 states. Of those, the author added 10 (covering seven states) in this report. All but two of the programs analyzed are the largest in the country. In total, the 10 programs that were analyzed represent 93 percent of all scholarships awarded in tax-credit scholarship programs today. Programs analyzed in this report are: (1) Arizona Original Individual Income Tax Credit Scholarship Program; (2) Arizona Low-Income Corporate Income Tax Credit Scholarship Program; (3) Arizona Lexie's Law for Disabled and Displaced Students Tax Credit Scholarship Program; (4) Arizona "Switcher" Individual Income Tax Credit Scholarship Program; (5) Florida Tax Credit Scholarship Program; (6) Georgia Qualified Education Expense Tax Credit; (7) Indiana School Scholarship Tax Credit; (8) Iowa School Tuition Organization Tax Credit; (9) Pennsylvania Educational Improvement Tax Credit Program; and (10) Rhode Island Tax Credits for Contributions to Scholarship Organizations. There are certain challenges and considerations that generally apply to evaluating the fiscal impact of any school choice program. Two key factors that apply to all programs: (1) variable costs per student, meaning those costs that are directly associated with a given student and that would not be spent if that student were not enrolled; and (2) the number of students who would have attended public schools without the financial assistance from the tax-credit scholarship program (aka "switchers"). In some states, there is also a third factor: (3) the proportion of scholarships that are given to students who receive more than one scholarship. Appended are: (1) Scholarships Awarded in Tax-Credit Scholarship Programs; (2) Surveying Scholarship Organizations; (3) Considerations and Complicating Factors; and (4) Tax-Credit Scholarship Program Tax Credit Caps.
Download or read book NeoVouchers written by Kevin G. Welner and published by Rowman & Littlefield Publishers. This book was released on 2008-09-29 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: While school vouchers have captured the headlines, a different policy has captured the students. Tuition tax credit laws are now entrenched in Arizona, Florida, Pennsylvania, Rhode Island, Iowa, and Georgia, and they affect far more students. Yet few people understand the nature of these policies or the political and legal issues surrounding them. This book provides a comprehensive analysis of the structure, legality, and policy implications of tuition tax credits, which have garnered only scant attention even while expanding to cover more students than the voucher policies they're designed to emulate. At a time when tax credit policies are becoming a major form of American school choice, this book offers insights into both the strengths and weakness ofthe approach.
Download or read book Fiscal Impact of School Vouchers and Scholarship Tax Credits written by Josh Cunningham and published by . This book was released on 2013 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This brief discusses the factors fiscal analysts and legislators will want to consider when estimating the fiscal impact of private school choices, including the impact of existing programs"--P. 1.
Download or read book School Choice Myths written by Corey A. DeAngelis and published by Cato Institute. This book was released on 2020-10-07 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are there legitimate arguments to prevent families from choosing the education that works best for their children? Opponents of school choice have certainly offered many objections, but for decades they have mainly repeated myths either because they did not know any better or perhaps to protect the government schooling monopoly. In these pages, 14 of the top scholars in education policy debunk a dozen of the most pernicious myths, including “school choice siphons money from public schools,” “choice harms children left behind in public schools,” “school choice has racist origins,” and “choice only helps the rich get richer.” As the contributors demonstrate, even arguments against school choice that seem to make powerful intuitive sense fall apart under scrutiny. There are, frankly, no compelling arguments against funding students directly instead of public school systems. School Choice Myths shatters the mythology standing in the way of education freedom.
Download or read book The Praeger Handbook of Faith Based Schools in the United States K 12 written by Thomas C. Hunt and published by Bloomsbury Publishing USA. This book was released on 2012-08-06 with total page 825 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring a subject that is as important as it is divisive, this two-volume work offers the first current, definitive work on the intricacies and issues relative to America's faith-based schools. The Praeger Handbook of Faith-Based Schools in the United States, K–12 is an indispensable study at a time when American education is increasingly considered through the lenses of race, ethnicity, gender, and social class. With contributions from an impressive array of experts, the two-volume work provides a historical overview of faith-based schooling in the United States, as well as a comprehensive treatment of each current faith-based school tradition in the nation. The first volume examines three types of faith-based schools—Protestant schools, Jewish schools, and Evangelical Protestant homeschooling. The second volume focuses on Catholic, Muslim, and Orthodox schools, and addresses critical issues common to faith-based schools, among them state and federal regulation and school choice, as well as ethnic, cultural, confessional, and practical factors. Perhaps most importantly for those concerned with the questions and controversies that abound in U.S. education, the handbook grapples with outcomes of faith-based schooling and with the choices parents face as they consider educational options for their children.
Download or read book College Choices written by Caroline M. Hoxby and published by University of Chicago Press. This book was released on 2007-11-01 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aspiring college students and their families have many options. A student can attend an in-state or an out-of-state school, a public or private college, a two-year community college program or a four-year university program. Students can attend full-time and have a bachelor of arts degree by the age of twenty-three or mix college and work, progressing toward a degree more slowly. To make matters more complicated, the array of financial aid available is more complex than ever. Students and their families must weigh federal grants, state merit scholarships, college tax credits, and college savings accounts, just to name a few. In College Choices, Caroline Hoxby and a distinguished group of economists show how students and their families really make college decisions—how they respond to financial aid options, how peer relationships figure in the decision-making process, and even whether they need mentoring to get through the admissions process. Students of all sorts are considered—from poor students, who may struggle with applications and whether to continue on to college, to high aptitude students who are offered "free rides" at elite schools. College Choices utilizes the best methods and latest data to analyze the college decision-making process, while explaining how changes in aid and admissions practices inform those decisions as well.
Download or read book Funding School Choice written by Greg Forster and published by . This book was released on 2006 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many states are considering a form a school choice known as "tax-credit scholarships," which currently provide school choice to almost 60,000 students in Arizona, Florida and Pennsylvania, which and have just been enacted in Iowa. This guide shows how tax-credit scholarships work and introduces the scholarship granting organizations that administer them. (Contains 13 endnotes.).
Download or read book The Fiscal Impact of the Kentucky Education Tax Credit Program written by Brian J. Gottlob and published by . This book was released on 2006 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the fiscal impact of a proposal to create a personal tax credit for educational expenses and a tax-credit scholarship program in Kentucky. It finds that the actual fiscal impact of the program would be much less than its nominal dollar size, due to the reduced public school costs resulting from migration of students from public schools to private schools. Specifically, it finds that the net impact of creating $60 million in tax-credit scholarships would be only $2 million to $17 million, and the net impact of giving $23.2 million in personal tax credits would be only $11.4 million. (Contains 7 figures, 5 tables and 7 endnotes.).
Download or read book Helping Outstanding Pupils Educationally written by Ross Rubenstein and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The HOPE (Helping Outstanding Pupils Educationally - scholarship program), which began in 1993, is one of the most popular public policies ever enacted in the state of Georgia. This lottery-funded program pays for tuition, fees, and books at any public college or university in the state for any Georgia student who graduates from high school with a B or better grade point average (GPA). To keep the scholarship, students must maintain the B or better GPA in college. The program's popularity has spread well beyond Georgia's borders; at least a dozen other states have instituted similar broad-based merit scholarship programs, and most state legislatures have considered legislation to start similar programs. The federal HOPE tax credit, established in 1997, took its name from Georgia's program, though the originally-proposed merit-based component of the program was not enacted. In light of its popularity, HOPE raises a number of important policy questions regarding both the program itself and its funding source, the Georgia Lottery for Education: (1) What effect has the HOPE Scholarship program had on student performance in high school? (2) What effect has the HOPE Scholarship program had on student performance in college: (3) Who pays for and who benefits from the Georgia lottery and the programs it funds? (4) Has the scholarship program caused inflation in the cost of higher education in Georgia? This policy brief describes the HOPE Scholarship program and the Georgia Lottery for Education, summarizes a series of studies examining the program, offers recommendations for the design of merit-based financial aid programs, and suggests topics for further research.
Download or read book Private School Choice Accountability in State Tax Credit Scholarship Programs Report to Congressional Requesters written by United States. Government Accountability Office and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the Employment Impact of Georgia s Job Tax Credit written by Dagney Gail Faulk and published by . This book was released on 1999 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Georgia s Opinion on School Vouchers School Choice Issues in the State written by Robert C. Enlow and published by . This book was released on 2007 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scientifically representative poll of 1,200 likely Georgia voters measures public opinion on school vouchers, both in general and specifically for special education students. While naysayers often claim that the public doesn't support school vouchers, this poll finds that Georgians strongly support them. The poll also shows that most Georgians have not accepted the claims used to oppose school vouchers, such as the claims that private schools don't serve disabled students or that parents shouldn't be put in charge of educational decisions for their children. Conducted March 20-22 by Strategic Vision, LLC, the poll has an error margin smaller than plus or minus 3 percentage points. [This study was released jointly by the Milton and Rose D. Friedman Foundation, the Alliance for School Choice, the Archdiocese of Atlanta, the Georgia Family Council, and the Southeastern Legal Foundation.].
