Louisiana finally has a chance to get it right with school vouchers, while opponents to the idea keep getting it wrong, research shows.
Currently, HB 745 by Republicans state Rep. Julie Emerson and SB 313 by GOP state Sen. Rick Edmonds have started advancing through the Legislature. Each would provide for education savings accounts (ESAs) for families to choose to spend on nonpublic elementary and secondary education rather than enroll their children into public schools. It would start by offering transition of students in one of the existing three voucher programs based upon quality of last public school or attended or assigned, family income, and exceptionalities, followed a year later by expanding to all middle-lower income and below households, and then a year later inviting all families. It would not reimburse families for home schooling.
While the House bill heads to the floor, the Senate bill will take a detour to review finances. That is of some concern, as wildly varying estimates have come forth for new added expenses, mainly in fiscal 2028-29 and beyond. The difficulty in coming up with a reasonably accurate estimate lies in so many indeterminacies. For example, as the bill would pay out to upper-middle-class and above families (defined as 250 percent of the federal poverty line or higher) only 55 percent of the money it sends per student without exceptionalities to public schools, 80 percent to others below that, and 160 percent for students with exceptionalities, private schools would have to make a judgment call on tuition. Taking into account demand and supply curves and incremental costs, with this potential new revenue available they want to set a price point to maximize profit, which could mean lowering their tuition to grab a lot more students, or even raising it that may attract fewer but as the ESA amount would buttress family finances this may retain most.