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The Fiscal Effects of Expanding Mississippi’s Education Savings Accounts
Historically, Mississippi has ranked well below the national average in taxpayer spending per pupil in K-12 public schools. Lawmakers have increased taxpayer spending on K-12 schools in recent years, though, and the increases in taxpayer spending have resulted in: increases in public school employment, increases in public school compensation, and increases in unspent end-of-year fund balances.
In this report, the authors estimate the fiscal effects of four different education savings account policies for Mississippi.