Your child’s education, that is. Like almost all parents, it’s probably priceless to you. But to the State of Maryland? It’s worth $92. That’s right, $92. That is what Maryland spends annually per private school student in the form of textbook grants and school improvements. That’s compared to the $11,500 per public school student that the state spends. Comparatively speaking, Pennsylvania spends approximately $1400 per private school student in the form of tax credits, transportation assistance, and textbook grants.
The Maryland Education Credit, if passed, would provide funds to non-profit Student Assistance Organizations (SAO) that provide scholarships and financial assistance to both public and private school students. It encourages private enterprise to invest in schools. Businesses that donate to SAO would receive a 60% tax credit up to $200,000. This would go a long way to helping alleviate the burden on parents who only want to make sure their kids receive the best education possible, be it public or private. The cost to taxpayers is capped at $2 million; considering how much money is saved per private school student, the state could receive a significant return on its investment.
This week, as we jointly celebrate both Catholic Schools Week and School Choice Week, let’s do what we can to help parents receive the resources they need to make the right school choice for their families.
Visit www.educationmaryland.com for more information and resources so you can be an effective advocate for your child!