Florida Governor Ron DeSantis just signed a bill that would make every K-12 student in Florida eligible for an $8,000 scholarship or education savings account from the state, regardless of family income. The new law goes into effect July 1.
H.B. 1 makes millions more students eligible for the state money, including home-schooled children, but projections of the program’s cost vary wildly because no one knows how many families will take advantage of the opportunity. The House estimates $209 billion for the program. The Senate has set aside $2.2 billion, but critics of the plan predict costs will be at least $4 billion.