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Started By
Message
GATOR scholarship bill successfully gets through LA subcommittee
Posted on 3/26/24 at 8:48 pm
Posted on 3/26/24 at 8:48 pm
Posted on 3/26/24 at 8:50 pm to HailHailtoMichigan!
Is this a “whitey bad” thing disguised as something else?
Posted on 3/26/24 at 8:50 pm to HailHailtoMichigan!
I thought this was what a 529 was for.
Posted on 3/26/24 at 8:52 pm to HailHailtoMichigan!
Does anyone else get annoyed by the cutesy acronyms politicians name bills?
And that’s the purpose of a 529.
And that’s the purpose of a 529.
This post was edited on 3/26/24 at 8:53 pm
Posted on 3/26/24 at 8:52 pm to HailHailtoMichigan!
Hot damn my kids need a new Ferrari when they go to College and this will allow me to deduct it from my taxes!
Posted on 3/26/24 at 8:53 pm to HailHailtoMichigan!
Is it like a state funded 529?
Posted on 3/26/24 at 8:54 pm to Lsutigerturner
It's probably made for the poors, as with everything else.
Even Jesus threw up his hands and said you always gonna have poor people. There's no solving it.
Even Jesus threw up his hands and said you always gonna have poor people. There's no solving it.
This post was edited on 3/26/24 at 8:55 pm
Posted on 3/26/24 at 8:55 pm to Scruffy
quote:
And that’s the purpose of a 529.
Um. this is a voucher program.
Not an education savings account thingy like a 529.
Our taxes are funding these '529s'.
This post was edited on 3/28/24 at 3:44 pm
Posted on 3/26/24 at 8:56 pm to mikelbr
quote:A voucher program funded by tax dollars that does the same thing as a 529.
I this is a voucher program.
Posted on 3/26/24 at 9:02 pm to HailHailtoMichigan!
Attention all:
This is a voucher program FOR KIDS
In other words, what all conservatives have wanted for decades
My god there are some dolts on this site
This is a voucher program FOR KIDS
In other words, what all conservatives have wanted for decades
My god there are some dolts on this site
Posted on 3/26/24 at 9:05 pm to PrecedentedTimes
quote:
In other words, what all conservatives have wanted for decades My god there are some dolts on this site
1. There is no context to the flyer. Some of us don't live and breathe by government reforms.
2. "Educational accounts" are not vouchers.
Posted on 3/26/24 at 9:08 pm to HailHailtoMichigan!
Is this where the public funds private schools?
Posted on 3/26/24 at 9:16 pm to PrecedentedTimes
quote:Not this conservative. Free shite is free shite regardless who gets it.
In other words, what all conservatives have wanted for decades
Posted on 3/26/24 at 9:16 pm to HailHailtoMichigan!
Let me know when CRAWFISH passes
Yes, I know I didn't post a funny explanation of what CRAWFISH stands for. But I could think of one if I had to
Yes, I know I didn't post a funny explanation of what CRAWFISH stands for. But I could think of one if I had to
Posted on 3/26/24 at 9:21 pm to DiamondDog
quote:
There is no context to the flyer. Some of us don't live and breathe by government reforms.
That’s fine. But “well some of us have better things to do” is a weird as hell stance to take after being the most active person in the thread up to that point.
You do know you don’t have to talk about it right?
Posted on 3/26/24 at 9:46 pm to HailHailtoMichigan!
Since this is not going to cause any public school kids to head to private schools, and since this isn't going to reduce the amount of money going to public schools (at least not directly), the question remains...
Where is the money going to come from to fund these accounts?
The state doesn't collect property taxes, so it can't come from there.
This is not coming from the MFP formula.
The only way to fund this is to cut other spending (sounds good) or raise taxes (sounds bad).
So, what spending are we going to cut to pay for this?
Where is the money going to come from to fund these accounts?
The state doesn't collect property taxes, so it can't come from there.
This is not coming from the MFP formula.
The only way to fund this is to cut other spending (sounds good) or raise taxes (sounds bad).
So, what spending are we going to cut to pay for this?
Posted on 3/26/24 at 9:54 pm to LSUFanHouston
My understanding is that this merely changes where the money goes. The current system is that public school x gets y amount of money based on the amount of kids who go to the school. The funding is guaranteed
The GATOR system switches the funding. The money follows the student, not the school. It isn’t adding any new funds into the system, it is just changing who gets the funds.
The best analogy is EBT. Imagine if Louisiana had a food stamp program where recipients were forced to go to govt run cafeterias and pantries to get their food, assigned to them by their zip code. If, instead, the govt simply gave money to food stamp recipients and they go to private businesses (current system), that isn’t adding any new spending, it’s rearranging where the money is going
The GATOR system switches the funding. The money follows the student, not the school. It isn’t adding any new funds into the system, it is just changing who gets the funds.
The best analogy is EBT. Imagine if Louisiana had a food stamp program where recipients were forced to go to govt run cafeterias and pantries to get their food, assigned to them by their zip code. If, instead, the govt simply gave money to food stamp recipients and they go to private businesses (current system), that isn’t adding any new spending, it’s rearranging where the money is going
Posted on 3/26/24 at 9:55 pm to DiamondDog
quote:
thought this was what a 529 was for.
Well, I think there is one pretty big difference. You fund your children’s 529 Plan. The GATOR is funded by the state (or actually taxpayers of the state).
This post was edited on 3/27/24 at 10:32 am
Posted on 3/26/24 at 10:12 pm to HailHailtoMichigan!
quote:
My understanding is that this merely changes where the money goes. The current system is that public school x gets y amount of money based on the amount of kids who go to the school. The funding is guaranteed
This could not be more incorrect.
Right now, the state pays $X per public school student (paid to the public school systems) and $0 per private school student (ignoring the few vouchers the state pays for).
Every time a family decides to put their kids in a private school, the state saves money, by not having to fund anything for that student.
Now, those same familes are going to have their hand out, and want a payment. So the state currently is paying $0 for that child, and now will need to pay $6K for that child (or whatever the amount turns out to be).
Now, if public school students switched to private school, then for those students, what you are saying is correct. But, remember, anytime the government subsidizes something, the cost goes up. So what you will likely see is private schools increase their tution costs, and this won't actually save parents any money. Because of this, I think you will see very few public school students switch to private school.
So we are back to... the kids who have always been in private school, now their parents are getting money from the state.
So this actually is new spending... and potentially, a whole lot of it. Remember, LA has the highest perentage of kids in private schools of any state.
I can 100 percent promise you the archdiocese of new orleans, etc, will jack up tuition prices by $6K and tell parents to go get the money from the state.
Edit to add: there is a philosophical argument that the state has a financial incentive to push families to private schools, and that such incentive is BS. Thus, the state should be funding all kids education, including private school kids. From a philosophical argument point of view, I understand completely.
But the reality on the ground is that it doesn't work that way.
Maybe in a state in which 99% plus of students attend public schools, this works.
According to the state, tens of thousands of students are currently in non-public schools Let's assume it is 20,000 students... times say $6K a student, that's 120 Million a year in new spending.
But I feel like it is a lot higher. THe last number I could find just for the archdiocese of new orleabs was for 2018-2019 where it was about 35,000 students. That number may have gone down since and it incldues some vouchers. But that's also just one metro area.
This post was edited on 3/26/24 at 10:28 pm
Posted on 3/26/24 at 10:16 pm to LSUFanHouston
quote:
Now, those same familes are going to have their hand out, and want a payment.
Is it really a handout if you pay property tax yet don’t use the public school system? One third of my property tax goes to EBRPSS.
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