By now you’ve probably heard about Education Savings Accounts (ESAs), the new form of school choice that has the country in a buzz. ESAs are wildly popular because they put a child’s education funds into the hands of parents, enabling them to choose the education approach which best matches their child’s needs. Oh, and did I mention that any leftover ESA money can be rolled over into a college savings account for each child?
Because ESAs are such a wonderful opportunity, many parents are asking if they are available in their state. The chart below from the Heritage Foundation answers this question nicely, showing that ESAs are currently available in five states... but given their popularity, it shouldn’t be long before more states jump on the ESA bandwagon.