Give every parent an education savings account
What the document says“every parent should have the option to direct his or her child’s share of education funding through an education savings account (ESA)”
The chapter says elementary and secondary education policy should follow the path Milton Friedman set out in 1955, in which education is publicly funded but decisions are made by families. It notes such accounts would be funded overwhelmingly by state and local taxpayers.
What the document actually says“every parent should have the option to direct his or her child’s share of education funding through an education savings account (ESA)”
Each child has a share of school money. Parents should be able to steer it themselves.
Money is spent on each child at school. The book says parents should control that share. They could spend it at a school of their choice.
Expanding Educational Freedom and Opportunity for Families
2025-01-29 · 90 FR 8859
Addresses the chapter's subject of letting parents direct their child's share of education funding. The chapter's proposal was for education savings accounts funded overwhelmingly by state and local taxpayers, which is a matter for states; this order works on the federal levers available to it.
The order takes up the same aim: letting parents steer their child's share of school money. The chapter's plan ran on state and local funds, which is up to the states. This order can only work with the tools the federal side has.