private school

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When Gov. J.B. Pritzker rolled out his budget proposal on Wednesday, he acknowledged that he needs more than $1 billion in new revenue to make it work. The question is: Where will he find all that dough?

ilga.gov

Families who send their children to private schools probably thought they received a break under the new federal tax law. But Illinois State Treasurer Michael Frerichs warns that's not necessarily so.  

Bright Start and Bright Directions are savings plans designed to let Illinois parents accrue tax-free interest while stashing money to pay their kids’ college tuition. The new tax law says these plans, known as 529 accounts, can now be used to pay for up to $10,000 per year in private school tuition for younger kids, too.

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Brian Mackey / NPR Illinois

This week, Gov. Bruce Rauner dodged a Nerf-ball question about whether former Congressman and Ku Klux Klan leader David Duke was a racist. Meanwhile, Rauner, a Republican, is running an infomercial about Democratic primary candidate J.B. Pritzker. And we hear the latest on the school funding overhaul that just won't end.

geographic chart of private school donations in Illinois
Illinois Department of Revenue

Beginning this week, people and corporations donating up to $1.3 million for private school scholarships can get a 75 percent credit toward their state income tax. This was a controversial but bipartisan concept, adopted last summer to help forge a compromise in a big overhaul of Illinois' school funding plan.

Such programs have taken off in other states, but it’s off to a slower start here.

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Who Illinois voters choose to be their next governor could make a big difference in how Illinois funds schools, and even where students can go to get an education.

Quinn's agenda seems to leave things basically as-is; taxpayer dollars flow to public schools:

"I believe that the public system of education is the best way to go," Quinn told the Chicago Tribune Editorial Board last week.

Not that he has much personal experience in the system.