-500,000 0 500,000 1,000,000 1,500,000 2,000,000 2,500,0000

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000

5,000,000

Arizona

California

Florida

Georgia

Nevada

New York

North Carolina

Texas

VirginiaWashington

United States Census Bureau Projections for Youth and Elderly Population Increase by State, 2010 to 2030

Projected Increase in Under 18 population, 2010-2030

Proj

ecte

d In

crea

se in

65+

Pop

ulati

on

K-12 Medicaid Public Assistance Higher Ed Corrections Transportation All Other

24%

19%

2%

13%

4%

11%

27%

22%

30%

1%

15%

5%

11%

17%

North Carolina Expenditure Trends 2000 and 2014 Budgets

Elderly Adult Non-Elderly Children

$16,190

$4,590

$2,550

Congressional Budget Office Projections for Federal Costs per Medicaid Enrollee in 2023 (Source: Kaiser Family Foundation)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

$3,344,000,000

$9,549,000,000 $7,422,000,000

$10,875,000,000

Florida State Spending (Federal Funds Excluded) on K-12 and Medicaid 2000-2014 (Source: NASBO)

Medicaid K-12

United States Treasury currently estimates the amount of federal debt at $19 trillion and unfunded entitlement liabilities at $55 trillion.

10,000 Baby Boomers will reach retirement age per day until 2030, whereupon all surviving Baby Boomers will be age 65 or older.

31.5 of funds spent by the North Carolina state government in 2014 originated with Uncle Sam.

Make your plans accordingly.

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

1,314 1,503 1,655 2,214 2,450 2,794 3,059 3,3264,080 4,401

5,3276,068

7,680

5,611 6,4007,234

9,06110,702

12,75414,002

15,82217,697

18,882

22,135

26,079

30,288

Florida Hispanic and Black Students Passing AP Exams, 1999-2011 Black Hispanic

13 Foundation for Excellence in Education Copyright.2014 13 Foundation for Excellence in Education Copyright.2014

Number of Florida Students Earning Industry Certifications

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-140

10000

20000

30000

40000

50000

60000

70000

803 1,855

8,629

20,644

28,533

45,277

63,328

7,786% Increase

Foundation for Excellence in Education Copyright.2014 14 Foundation for Excellence in Education Copyright.2014 14

What are Education Savings Accounts?An education program utilizing an account controlled by parents with multiple educational uses. Under a robust system of accountability (monitoring and auditing), parents can direct funds in an ESA to any combination of educational uses, including:

Private school tuition

Tutoring

Therapy for special needs

studentsInstructional

materials and

curriculum

Online programs and

courses

Contract public school courses

Exam fees

Savings for future college

costs

15 Foundation for Excellence in Education Copyright.2014 15 Foundation for Excellence in Education Copyright.2014 15

Next-Gen Accountability

Using parent ratings and objective metrics to help parents navigate school choice.

Drives quality by requiring users to rate each experience

Interactive search tools, community advice, and expert reviews to find the right tutor, school, or education service.

The North Carolina Constitution guarantees K-12 spending and the public supports it strongly, but the system as it stands .

The next 15 years seem likely to test the outer limits of our political adaptability.

The working-age taxpayers of 2030 sit in North Carolina classrooms right now- one of the few things we can control now is how many opportunities we give them to fulfill their potential. By providing the maximum possible flexibility and creating incentives to maximize value, ESAs could play a large role in a North Carolina plan.

Thank You !Matthew LadnerSenior Advisor for Policy and ResearchExcel in Ed

(512) 844-5504

Matthew@excelined.org