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
Signing Up for Educational Freedom is Easy
Like all parents, my wife and I consider the formation of our children as one of our primary responsibilities. With two in college and two in elementary school, we’ve worked multiple jobs and sacrificed for more than 15 years (and will continue for the next 12) to send our kids to Catholic classical schools. The...
February 4, 2026