If Texas were to institute a universal Education Savings Account (ESA) program, Dr. Patrick Wolf of the University of Arkansas argues that by 2022 it would generate an additional 11,809 high school graduates. Having more high-school educated students would be good for Texas. These individuals would, on average, make more money (and thus pay more in taxes), be less likely to get into contact with the criminal justice system or end up on public assistance, and would live longer, healthier lives. This paper looks into the long term fiscal effects of the rise in the number of high school graduates from the program. In total, it estimates over $5 billion in benefits shared by participants of the program and society at large.
K-12 Education
Texas Is Restoring the Proud Story of America
For too long, too many American students have graduated without understanding the country they inherited. They may know scattered names and dates, but they lack the full context of American history: the greatness of Western civilization, the ideas behind our founding, the sacrifices that built this nation, and the principles that allowed America to become...
September 4, 2026