There is just too much about the possible consequences of HB123 that we don't know, and can't know unless it's given thorough study. The bill would completely reshape how Utah high schools are funded by giving juniors and seniors the money that otherwise would go to the high schools they attend.
The money $6,400 per student, or 120 percent of the value of the Weighted Pupil Unit for high school students would go into individual savings accounts. Students could choose to spend it to attend public school, including charter schools; to take courses online; go to a public college or certain private, nonprofit colleges; or take classes from a private high school under contract with the State Board of Education.
The fiscal note attached to a substitute HB123 indicates the state education fund would lose $1.5 million on a pilot program involving just 500 students. What the eventual cost to schools might be if the bill were ever applied to all students in Utah high schools, as sponsor Rep. John Dougall first proposed, is staggering.