We continue our discussion of Education Tax Credit Scholarships (Part I, Part II, Part III, PartIV) with a final review of “The Public Education Tax Credit” December 5, 2007 by Adam B. Schaeffer, Cato Institute and a short review of “Do Vouchers and Tax Credits Increase Private School Regulation?” October 4, 2010 a working paper by Andrew J. Coulson, Cato Institute.
Another way of addressing concerns regarding the effect of a broad-based program is to phase it in by grade level, so that the change occurs gradually over a number of years.
Finally, a school choice program can be permanently means tested, reducing the benefits to wealthy families and the overall cost of the program. This is good policy as well as good politics. The goal of a universal school choice program is to enable universal freedom of choice in education, and that is not the same thing as universal participation in an education tax credit or voucher program.