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Jeanne Dietsch, former state Senator in New Hampshire, reports here on the predicted cost of the state’s new voucher program.
Costs at 60 times budget, so far!
Taxpayers are in for a surprise when the bill comes due for vouchers. Instead of the $140,000 budgeted for 2022, current projected spending is $6.9 million, with 800 more applications pending! Applications soared after Americans For Prosperity [the Charles Koch organization] sent out mailers andcanvassed door-to-door urging parents to apply. Many applicants are parents already paying for religious, home or private education who might apply for free money. The NH scholarship organization decided that it could not handle program administration. It subcontracted Florida firm Class Wallet to distribute and track the funds. Class Wallet will take the lion’s share of the 10%-off-the-top administration fee.