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I generally really like the idea, but I’m a huge supporter of school choice. I especially like the tax credit over a voucher system.
One part I’m not sure about is the college savings account. Not every occupation requires a college education; I’d have a problem sending students to school when they don’t necessarily have a need for it or maybe are not even sure they want to go. It’s a market distortion I think should be avoided.
Also, would you propose this on the Federal level or at the state level? I’ve read that some think a Federal school choice program could violate the 10th amendment since no powers are given to the Federal government over education. I don’t really have an opinion but I’d be interested in yours.
I’d be a little cautious towards a federal program as opposed to state programs because of the risk of overregulation creep on private schools. Something at the state level would at least give you the option to move to another state if the program ends up being corrupted or even if it starts producing other unintended consequences.
Otherwise I think it’s a huge improvement over what we currently have, I would support it.
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