What are the key features of your proposal?

A:
  • An Education Savings Account will be created for every school age (K-12) child in California.

  • On August 1 of each year the State of California will deposit into that account a sum equal to the average amount spent by the state on each school age child.

  • This money can be used to attend a school chosen by the parents. ┬áThe child can remain at the current public school or attend an accredited charter, private or parochial school.

  • Any money not used for tuition can be accumulated and used for other qualified educational expenses and/or saved and used for in-state college or vocational training.

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