Educational Savings Accounts: The “Smartphones” of Parental Choice
Yesterday the Senate Interim Education Committee of the Oregon Legislature held an informational hearing on Educational Savings Accounts, or ESAs. The focus of the hearing was the recently passed ESA legislation from Nevada, which will make 93% of Nevada students eligible for ESAs in 2016 and all students eligible by 2027 (at the latest).
Educational Saving Accounts allow public school students to take money the state would spend on them and put it on a restricted use debit card. Parents can spend this money on a wide variety of approved educational options, such as private school, individual tutoring, and distance learning. Any money not used is rolled over for parents to spend in the future.
State Senator Scott Hammond of Nevada, an architect of the Nevada law, addressed the Committee via speakerphone. During his introduction of Sen. Hammond, Steve Buckstein of Cascade Policy Institute referred to earlier school-choice ideas such as tax credits and vouchers as “the rotary-dial telephones of the school choice movement.” He encouraged the Oregon Legislature to consider legislation modeled on the Nevada law—which to continue the analogy is like a smartphone with unlimited apps.
The hearing set the stage for Oregon ESA legislation to be introduced in a future session. ESAs would give families who can’t afford to pay taxes for the public school system, plus tuition for private options, real opportunities to meet their kids’ individual needs, learning styles, and interests.
Kathryn Hickok is Publications Director and Director of the Children’s Scholarship Fund-Portland program at Cascade Policy Institute. CSF-Portland is a partner program of the New York-based Children’s Scholarship Fund.