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Kane County Reporter

Sunday, December 22, 2024

Invest in Kids program saves Illinois taxpayers money

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State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

Illinois' tax credit scholarship program, known as Invest in Kids, has reportedly resulted in significant savings for the state. According to recent findings, "for every dollar spent on the Invest in Kids scholarship program between fiscal years 2018 and 2022, the state saved between $1.81 and $2.87, respectively."

The program is designed to provide scholarships to low-income students, allowing them access to educational opportunities they might not otherwise afford. The reported savings highlight the financial impact of the initiative over a four-year period.

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