Fourth Estate 48

Fourth Estate 48

More Than $49 Million in Inactive ESA Accounts as Total Unspent Funds Soar to $444 Million

23 inactive accounts have around or more than $100,000.

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Fourth Estate 48
Jul 10, 2025
∙ Paid
Students on the ESA program are split up between disability or non-disability (universal expansion) as well as active or inactive accounts.

New records from the Arizona Department of Education reveal that $444 million in taxpayer money is sitting unused in Empowerment Scholarship Accounts (ESAs) — a sharp increase from previous years and a troubling sig…

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