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Idahoans for Choice in Education Expanding Educational Choice for Idaho Families
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STUDY: TUITION TAX CREDITS COULD SAVE UTAH $1.3 BILLION SALT LAKE CITY - The Deseret Morning News reported that a study commissioned by the Utah Legislature and published last month by Utah State University researchers indicated that Utah could save up to $1. 3 bi 11 ion over 13 years by allowing parents to use state-granted tuition tax credits to choose a private school for their children. The tuition tax credit plan analyzed in the study was based on a bi 11 introduced in the Utah Legislature last year. The plan would allow a tax credit of up to $2,000 for tuition for students who begin attending private schools (current private school students would not be eligible for the credit). Because $2,000 is less than the amount Utah spends per student annually, the extra state funds - over $6,500 - remaining behind from a student who switched to a private school would be spread among existing public school students. "Tuition tax credits could save the state some money. ... It sounds like tuition tax credits are a well-justified policy," said USU associate professor of political science and study co-author Roberta Herzberg, according to the Morning News. Opponents of tuition tax credits in Utah have said that the number of students choosing to attend private schools in the state would not be large enough to create such savings. "We're not ready to endorse the concept at this point in time," State Associate Superintendent Patrick Ogden told the Morning News. ------- SOURCES: Deseret Morning News, "Tuition tax credits equal big savings?" Nov. 10, 2004
http://deseretnews.com/dn/view/0,1249,595104339,00.html |
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