While there has been much debate over education funding in recent years, state education funding has increased by over $1B since FY 2010-11.Sen. Colbeck introduced SB 547-548 because parents are being asked to pay more and more for K-12 education-related expenses not funded by public schools. These bills would enhance the existing Michigan Education Savings Program (MESP) to allow for payment of expenses for both K-12 and later in life. The new Enhanced MESP program will also allow expenditures for professional development or skilled trades courses because in today’s rapidly changing economy it is more important than ever to promote an appreciation for lifelong learning. These bills would ultimately provide additional funding for education, empower parents in directing education dollars for their kids, and improve the transparency around the cost of educating our students.
Enhanced Michigan Education Savings Program
Read the press release on the proposed Enhanced MESP here: https://www.senatorpatrickcolbeck.com/sen-colbeck-legislation-enables-more-money-for-education-via-enhanced-mesp-accounts/
View the presentation on the Enhanced MESP here: https://www.senatorpatrickcolbeck.com/wp-content/uploads/2017/09/E-MESP-Presentation.pdf