Voucher programs are the most well-known type of private school choice.  While voucher programs are desirable for individual students and the societies in which they reside, ESAs have a few important advantages that make them more effective, according to economic theory.

Voucher and ESA Definitions

Vouchers allow families to use a fraction of their public school funding for tuition at a private school of their choice.  ESAs allow families to allocate a portion of their public school funding amount to a government-authorized savings account, if they choose to opt out of their public school.  ESA funds can be used for various education-related expenditures such as private school tuition and fees, online learning, tutoring, and even college costs.