Republican legislators believe North Carolina could save money on public education by giving a $2,500 annual tax credit to most families who send their children to private schools.
House Minority Leader Paul Stam of Wake County said Tuesday the state has been giving grants for three decades to students who attend a private college, which saves the cost of educating them at a public university.
Legislative fiscal analysts estimate that the tax credit would encourage more parents to send their children to private schools.
Their report said that after the first year, state taxpayers would save between $13 million and $35 million annually to educate fewer students between kindergarten and 12th grade. Local school districts would save another $9 million to $25 million a year.
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