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Texas School Choice Program Costs Soar to $10,474 per Student

Bloomberg Markets •
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Texas is facing increasing costs for its new school choice program just weeks into its implementation. The initiative, long championed by Governor Greg Abbott, provides most accepted students with $10,474 for the 2026-27 school year.

These funds can be used for educational costs such as private school tuition. Students with disabilities can receive up to $30,000, while homeschoolers are allocated only $2,000.

The escalating expenses highlight the financial challenges of the program as it expands, raising questions about its long-term sustainability and impact on public school funding.