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State And District Fiscal Effects Of A Universal Education Savings Account Program In Arkansas, Julie R. Trivitt, Corey A. Deangelis

Education Reform Faculty and Graduate Students Publications

Legislators in Arkansas have proposed a bill to increase educational choice through an Education Savings Account (ESA) program available to every child across the state. While many studies on the financial impact of existing ESA, voucher, and scholarship programs in the United States have found overall benefits to the state and individual districts, it may not be the case for a universally-accessible ESA since most existing programs are targeted to students based on need. A universal ESA would make ESAs available to all K-12 students in the state, so the fiscal impact is expected to be less beneficial than a …