So…What Is an Education Savings Account?
Among the most innovative and specialized school choice options not yet available in Missouri are Education Savings Accounts (ESAs), which families can use to personalize their students’ education. Show-Me Institute analysts have written about the various possible applications of ESAs. Some examples:
- Students with special needs could take advantage of ESAs through Bryce’s Law
- Bullied students could use Child Safety Accounts
- ESAs could help gifted students from low-income families
- ESAs could also be used to make homeschooling more accessible or even provide the option for a child to attend a private school.
This graphic (available at the link below) provides a brief explanation of how ESAs could work if they were passed in Missouri and how they could serve our students.