Education savings accounts represent a paradigm shift in the way Americans access public education. Currently, the focus is on public school systems, not children. Tax dollars are sent to school districts based primarily on where children live, regardless of whether the students are actually receiving a quality education.
In this paradigm, failure to properly educate students is often rewarded with more money, despite a lack of evidence that more money improves failing schools.
Education savings accounts disrupt that flawed system by putting money in the hands of parents and students instead of districts. The potential benefits are enormous.