The Show-Me Institute will release a policy study today analyzing the fiscal effects of tuition tax credits in Missouri. SMI argues that tax credit programs have helped to reduce inequality of educational access in states where they have been adopted, and in many cases, they have also helped save taxpayer dollars by lowering the per-student district costs of educating public school students.
After the recent loss of accreditation of the Saint Louis Public School District, and several other metro-area districts, tuition tax credit programs offer a timely and effective way to help students and parents stuck in districts that are failing, or in receivership. The study looks at recent legislative efforts to reform Missouri’s public schools, and surveys the results in other states that have adopted some form of tuition tax credit.
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Four-page policy briefing
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