Home
/
RELIGION & LIBERTY ONLINE
/
Education Investment Tax Credits – Breaking the Public School Monopoly
Education Investment Tax Credits – Breaking the Public School Monopoly
May 5, 2025 1:02 AM

Since 2000, New York City residents have observed the shut-down of 91 Catholic schools. These closures are typically the result of parents’ inability to pay tuition costs. This presents not only a problem to the would-be students, but to the public-at-large. The civic benefits provided through a Catholic education amount to a public good. Graduation rates for Catholic schools top those of public institutions, propelling more students to college, creating munity leaders. A robust civil society such as this is contingent upon strong educational institutions, for which it is critical to incentivize the public to invest.

The Education Investment Tax Credit bill would have curtailed this problem by providing a dollar-for-dollar tax credit for each charitable donation to any private or parochial school scholarship fund, including Protestant and Jewish institutions. However, the mandate perished in the back room of the state legislature, despite support from both parties as summer menced. The use of an incentive structure would have provided up to $300 million to the neediest children in the state of New York. Half of this funding would have been designated to donations to public schools for the arts, music, and athletics so as to eliminate “pay-to-play” costs to parents.

This tax credit would not only have been an investment in the future of at-risk students, but an investment toward munity’s future. In this respect, New York residents would be incentivized to endow education philanthropy, in exchange for lower taxes. Individuals would have the autonomy to support private or parochial institutions of their choosing, empowering the individual to decide what is the best use of their assets.

Non-Christians e to be integral supporters of the cause. The late philanthropist Robert W. Wilson, an admitted atheist, is the single largest donor to the New York Archdiocese’s Inner-City Scholarship fund, having contributed over $30 million. After learning that superior results could be achieved at a low cost, he too saw the intrinsic social value remarking that “I thought seeing these schools just disappear would be intolerable.”

Cardinal Timothy Dolan lamented the defeat of this proposed legislation: “[I]t is amazing and even a little insulting that [the state] can’t find less than 0.1% of the budget to help fund scholarship organizations that assist the 10% of New York kids outside the public school monopoly.” Without a solution, the rising costs of education will continue the inevitable closures.

Analysis by the New York Times contends that Catholic school closings have mounted in recent years because classes are no longer taught by low-paid nuns and because large congregations are unable to contribute enough to keep tuition affordable for families. In an attempt bat this, Catholic education officials have established annual funds to provide scholarships to e, vulnerable areas. But unfortunately, this is not enough to keep school doors open and will inhibit talented youth from reaching their highest potential.

Supreme Court Justice Sonia Sotomayor, a product of a Bronx area Catholic school, sees them as “a pipeline to opportunity to generations,” which has given “people like me the chance to be successful. It provided me and my brother with an incredible environment of security. Not every school provides that.” Sotomayor’s childhood elementary school will be closing this year, prompting her to raise concerns for how this will affect munity:

The worst thing is, these kids could lose their faith in the adults around them…. Children need to feel secure. This makes it worse. These kids are going to carry this trauma with them for the rest of their lives.

Neglecting a means to provide faith based education to the youth is one that will only contribute to the cycle of poverty and violence in America’s inner-cities. The Catholic Review observes this trend in New York’s Midwestern counterpart. “[W]hile crime fell in Chicago between 1999 and 2005 by 25 percent in most police beats in the city, it only fell by 17% in those neighborhoods where a Catholic school closed.” Catholic schools serve as an added security construct for neighborhoods trying to solidify social order. The Manhattan Institute’s Sol Stern explains how Catholic education is fundamentally entwined with the American civic culture tradition:

As the city’s public schools trivialized their curricula and embraced brain-dead multiculturalism, most Catholic schools held fast to the ideal that minority children could share our civilization’s intellectual and spiritual heritage. Indeed, they are among the last urban schools that embrace the idea of mon civic culture. Every time one of them dies, the city that they have served so well suffers another rent in its civic fabric.

Catholic schools have emerged as an investment for e, at-risk youth toward ing civic minded adults. Parochial schools instill moral teachings, which directly translate into positive externalities in society. The partnership between Catholic schools with parents and munity forges an educational institution that steps beyond its traditional role and establishes an improved social order in the public square.

The Education Investment Tax Credit could have been an important investment in saving America’s inner cities from a civic disaster propagated by high poverty and increased crime rates. Catholic schools have served the urban poor well. It is within the best interest of a state to ensure that stable institutions continue to prosper in a way that will promote a society characterized by virtues empowering the individual. Investment in human capital is the foundation for a strong civil society, when paired with religious values, guided by moral principles.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Top 5 Lessons from the Solyndra Failure
The green tech firm Solyndra secured at $535 million federal loan guarantee in 2009 and was touted as an example of a promising green future. A month ago, pany went bankrupt. Here are the top five lessons we should learn from Solyndra’s collapse. 5. Both sides of the aisle are involved. Republican support of federal “investment” is routine — in fact, the DOE program that made Solyndra’s loan was approved by President Bush. It is true that Solyndra’s original application...
Arthur Koestler Here and Now
On The Freeman, PowerBlog contributor Bruce Edward Walker marks the 70th anniversary of the publication of Arthur Koestler’s Darkness at Noon and the essay “The Initiates” published a decade later in The God that Failed. As Walker notes, “it’s a convenient opportunity to revisit both works as a reminder of what awaits all democratic societies eager to abandon liberties for the sake of utopian ideologies.” Koestler’s Noon, he says, is where the author is at the height of his powers...
Trade with China, or Blockade Their Ports?
Congress insults our intelligence when it tells us that Chinese currency games are to blame for our trade deficit with that country and unemployment in our own. Legislators might as well propose a fleet of men-o’-war to navigate the globe and collect all its gold: economics is not a zero-sum game. An exchange on yesterday’s Laura Ingraham Show frames the debate nicely. The host asked Ted Cruz, the conservative Texan running for U.S. Senate, what he thought about the Chinese...
The invisible sources of entrepreneurship
Entrepreneurs take risks, they see opportunities that others do not, and they turn those opportunities into businesses. It’s perhaps counterintuitive, but this risk-taking actually requires stable social foundations. Entrepreneurs need to know that ground is solid before they risk a jump. Read More… There is great enthusiasm for entrepreneurship these days. There are social entrepreneurs, intellectual entrepreneurs, educational entrepreneurs and even intra-preneurs (entrepreneurs within their panies). Entrepreneurs like Steve Jobs and Bill Gates are held up as model citizens. Magazines...
Announcing Wisdom & Wonder: Common Grace in Science & Art
I’m pleased to announce that the first fruits of the Kuyper Common Grace Translation project are ing, in the form of Wisdom & Wonder: Common Grace in Science & Art. This is the first selection out of the larger three-volume set that will appear plete translation in English. This book consists of 10 chapters that the Dutch theologian and statesman Abraham Kuyper had written to be the conclusion of his three-volume study mon grace. But due to a publisher’s oversight,...
Charles Schwab and Ted Leonsis: ‘We aren’t the problem’
Billionaire Democrat Ted Leonsis wrote a posting titled “Class Warfare – Yuck!” on his blog yesterday, in which he implored the president, to whose campaign he donated the maximum amount: “Hit a reset button ASAP. Rethink how to talk to businesses and sell business leaders on your plan to make America great! Many of us want to be a part of the solution. We aren’t the problem.” Today, Charles Schwab published an opinion piece in the Wall Street Journal, and...
Samuel Gregg: Imitate Sweden’s Economic Liberation, Not Her Failed Socialism
Acton’s director of research Samuel Gregg has a piece over at The American Spectator that may surprise big government liberals. (We know you read this blog.) In “Free Market Sweden, Social Democratic America,” he lays out the history of Sweden’s social democracy — its nature and its effects on the country’s economy — and then draws lessons for the United States. The Scandinavian country isn’t quite the pinko nanny state Americans like to look down upon, and we’ve missed their...
Ronald Reagan Retrospective at Hillsdale College
I was fortunate to attend some of “Reagan: A Centenary Retrospective” at Hillsdale College from October 2 – 5. I was present for excellent lectures by Craig Shirley and Peter Robinson. Shirley is the author of Reagan’s Revolution: The Untold Story of the Campaign That Started It All and Rendezvous with Destiny: Ronald Reagan and the Campaign That Changed America, a book I reviewed on the PowerBlog. Robinson, a former speechwriter in the Reagan White House, authored the famous “Tear...
Class Warriors for Big Government
mentary this week addresses the demonstrations in New York and in other cities against free enterprise and business. One of the main points I make in this piece is that “lost in the debate is the fundamental purpose of American government and the importance of virtue and a benevolent society.” Here is the list of demands by the “Occupy Wall Street” movement. It is in essence a laundry list of devastating economic schemes and handouts. Additionally, the demands are counter...
Whole Life Discipleship: Integrating Faith, Economics, and Work
I’m at the “Whole Life Discipleship: Integrating Faith, Economics, and Work” conference today at Regent University. As I have the opportunity today, I’ll blog (and tweet) some of the lectures. First up is Stephen Grabill of the Acton Institute, and here are some highlights: He focused on three basic questions: What is political and economic freedom? How do we use Scripture in our approach to social life? What about natural law? On the first: A Christian anthropology is anti-revolutionary in...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved