The school voucher provision in Donald Trump’s Big Beautiful Bill is expected to transfer billions of dollars to private schools and companies that contract with public school districts. That includes companies owned by private equity firms.

President Donald Trump’s Big Beautiful Bill is poised to accelerate the privatization of the nation’s school systems — and private equity aims to cash in. By some estimates, the law’s new school voucher provision — which uses public funds to help parents pay for private school tuition — is expected to transfer anywhere from $4 billion to $51 billion to private schools and companies that contract with public school districts. That includes companies owned by private equity firms.

Thanks to the provision, starting in late 2026, individuals can contribu

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