"This fall, the parents of 230,000 Arizona students can ask the state to deposit the bulk of their child's share of federal education money into a private bank account," Lauren Smith
reports for
Congressional Quarterly.
The parents can then use a check card to access the funds for tuition at a private, charter or religious school, or to pay for online classes, tutoring or school supplies.
"Just like you could walk into Walgreens and pay for a prescription with
your health savings account card, you can use your education savings
card and purchase books, tutors, almost anything education-related,"
explains Jonathan Butcher, an education policy expert at the Goldwater
Institute.
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