Universal vs. Income-Based ESAs
April 3, 2023
Every family deserves the best education for their children, regardless of their income. That's why the idea of education savings accounts (ESAs) has become increasingly popular across the country. According to polling data: 70% of families in Florida support ESAs. 60% of families in Texas support universal ESAs. 59% of families in Wyoming support universal ESAs. ESAs allow families to direct funding to pay for educational expenses like tuition, textbooks, and tutoring. But not all ESAs are created equal. While some policymakers have proposed income-targeted ESAs, research shows that families overwhelmingly prefer universal ESAs. Universal ESAs, which are available to…
