Iowa’s new education savings account (ESA) program is influencing private schools to raise tuition rates, according to a new working paper published by Brown University.
Why it matters: The program aims to make private schools more affordable for families, but researchers warn that it could be ineffective if they raise tuition anyway.
Context: Last year, Iowa lawmakers passed a new law allowing parents to use over $7,600 annually per pupil towards private school education.
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