Unreasonable actions teacher unions, which unnecessarily barred children from entering classrooms long after it was safe to return to them, sparked a growing movement to break the government’s school monopoly. Even before the pandemic, tests have repeatedly shown that millions of children were receiving a rotten education.
This segment of What’s Ahead discusses the solution: Education Savings Accounts (ESAs). The amount the government has proposed as a cost per student is deposited into individual accounts, allowing parents, if they wish, to send their offspring to non-public schools.
West Virginia and Kentucky recently passed ESAs, breaking government monopoly in those states.
The competition unleashed by AES will force public schools that fail to pull themselves together and properly educate their students or lose money.
Steve Forbes is President and Editor-in-Chief of Forbes Media. Steve’s latest project is the âWhat’s Aheadâ podcast, in which he features the world’s top journalists,
Steve Forbes is President and Editor-in-Chief of Forbes Media. Steve’s most recent project is the ‘What’s Ahead’ podcast, in which he engages top journalists, politicians and pioneers in business and economics in honest conversations designed to challenge traditional conventions and introduce Steve’s views on the intersection of society, economics and politics. . Steve helped create the recently released and highly acclaimed public television documentary, In Money We Trust?, which was produced under the auspices of Maryland Public Television. The film was inspired by the book he co-wrote, Money: How the destruction of the dollar threatens the global economy – and what we can do about it.
Steve’s latest book is Relaunching America: How Obamacare Repeal, Tax Code Replacement, and Fed Reform Will Restore Hope and Prosperity co-written by Elizabeth Ames (McGraw-Hill Professional). Steve writes editorials for each issue of Forbes under the headline “Fact and Comment.” A highly respected economic prognosticator, he is the only writer to have won the prestigious Crystal Owl Award four times. The award was once presented by the US Steel Corporation to the financial journalist whose economic forecast for the coming year has turned out to be the most accurate. In 1996 and 2000, Steve campaigned vigorously for the Republican nomination for president. Key to his platform was a flat tax, medical savings accounts, a new social security system for working Americans, parents’ choice of schools for their children, term limits and a strong defense. national. Steve continues to vigorously promote this program.