Good provision. As a concerned parent when my kids were growing up, I had to decide between public and private schools. I chose to educate my kids in private schools during their early years and later switched to public schools when I felt the kids had attained the fundamental education they needed to succeed. To have been able to write off or apply a voucher would have lessened the economic impact that a young family experiences when deciding their priorities.
Yes, I invested a lot of money and learned from the process that not all kids educational needs are alike. Some are more applicable to a 4-year college and others to a trade or apprenticeship. I got the hint when my son had to retake a Texas History course in Junior college three times to get a C.
This is especially important if they are using the student loan program. Unfortunately, number one son was using his student loan for housing and tuition which abruptly ended when he flunked leaving him heavily in debt. I thought he was paying his way through his day job so I was never asked to co-sign. But beware of co-signing and it’s impact on you if the kid defaults.
BTW, I’m keeping a watchful eye on Ted Cruz before making any future decisions.
Education, like health insurance, should be as individualized as possible. Religion-based schools, music academies, vocational-technical schools, math and hard science schools, the sky’s the limit. The government is running an “off-the-rack” education system in a “tailor-made” world.