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Education "vouchers" solve the fiscal crisis, and also lead to economic recovery?

Simply open up K-12 education to the market place, with government only playing a role by financing the students with a yearly education check of $8000.

*www.usagovernmentspending.com shows American local governments spending $458.3 billion for K-12 education in 2012.
*(Sir Ken Robinson says this education system is a complete failure)
*The new education cost of $8000 education check to 50 million K-12 students is $400 billion per year
*This saves $58.3 billion
*(a $6000 check would save $158.3 billion)
*The yearly education check allows students(and their parents) to choose how, when, where, and what they learn, and also who teaches them
*The yearly education check of $8000 opens up a $400B/year market to entrepreneurs, teachers, and creatives
*($6000 check opens up a $300B/year market to entrepreneurs, teachers, and creatives)

State fiscal crisis solved, federal fiscal crisis solved, and the new education market leads America's economic recovery.

Thoughts everyone?

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    Jan 7 2013: This requires some thought. I have heard many complaints that such a system will server the rich by decreasing the demands on their taxable income. I've also heard that it will only serve to educate the children of the rich.

    Now consider this. How many rich families are there and how many teachers will it require to service them? I think that will leave a lot of teachers variable to organized themselves in such a manner as to produce some healthy competition in the educational market. So, perhaps there is something to this type of program to educate our society.

    I've heard the Norwegian plan is working very well in a social environment and making great strides in increasing the general educational level of the population. They do it without vouchers and totally dependent on government to subsidies the educational system. Also, their economy is growing (after some effects from the 2007 financial downfall).

    I hope no one actually believes that the educational system actually gives each student $8,000.00 dollars worth of education a year. If there are 50 million k-12 kids that would suppose, at least, 25 million working families generating an income to support those kids (using an average of two kids per family).

    How can 25 million working families generate enough tax revenue to support the voucher system? If they earned on average 60,000.00 per year and paid in, say, 25 % to taxes, that yields about 375 billion dollars a year, somewhat less than the 400 billion figure you listed and leaves nothing for National security, social security, Veterans, or social medical insurance road maintenance and other national infrastructure, just to name a few odds and ends.

    It's high time we all started doing the math ourselves and look at these figures that are being tossed about. They don't add up. Is all the money coming from borrowing to run our country? We need more tax revenues to offset the debt and, of course, less borrowing by our government.
    • Jan 7 2013: John, the numbers and assumptions in your comment are wrong! The rich people have tricked you.

      -Most state tax revenue comes from income tax, sales tax, property tax, and business taxes. This comes from everyone.
      -For 2012, $458.3 billion dollars of tax revenue was spent by local governments on K-12 education in America.
      -With about 50 million K-12 students, that is a little more than $9,000 per student.
      -So for public schools, each student is "giving" $9000 to politicians to spend on them at their local public school.
      -Every K-12 student going to a private school spends additional $1000-$10,000/yr (their parents money) on top of the $9000 that they give to politicians
      -The current system serves the rich because they can pay for private schooling and buy houses in rich areas with good schools
      -The current system hurts the poor because the poor are trapped by zipcode, have no money to buy new houses, and have no money to send their kids to private schools.
      -My system gives $8000 to every K-12 student instead of giving $9000 to politicians.
      -The $8000 would allow the poor to choose private schools with their money, continue to choose their public school with the money, homeschool, or simply hire tutors. They have $8000 and educational liberty.
      -The rich *say* that vouchers will serve them and hurt the poor because $8000 would allow all the poor kids to attend the public and private schools that only rich children can currently go to. Also, when vouchers are implemented, every school that raises their prices will immediately be known as racist or elitist and probably get sued. And that's why many rich pull the wool over your eyes on vouchers -- they want their white flight and want inner city students to remain in the inner city. Are you also a rich man trying to fool the poor?

      Does that clear some of your questions up?
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        Jan 8 2013: "The $8000 would allow the poor to choose to private schools with their money, or continue to choose their public school with the money. They $8000 in their hands. " Petar Ivanov

        Petar, I appreceate your ernest feeling to eradicate the afflictions on the poor. However, I don't believe you can solve the poverty problem by giving each poor kid $8,000.00 to pursue an education? How long will it take the savvy management personnel to take that money and give them nothing? At least, under a federal program we can have oversight and dole the money out little at a time to cut loses in case of corrupt practices. The poor are poor precisely because they can't handle money (predominately) or circumstances beyond their control.

        By simply raising the price of education, the Rich can assure that $8,000.00 won't allow the poor to integrate the precious schools their children attend. In fact, by using the voucher program we may be giving them the very tools they need to assure this situation

        When it comes to money wars, the rich always have the edge over the poor. It's a no win situation without some type of central governmental control. That's why the educational system we have today was created in the first place, to assure the poor, at least, had the opportunity to get an education.

        The voucher system is a big step backwards, I belive, Petar--backwards to a time when only the rich could afford to send their kids to universities. A time when a poor student had to be sponsored by a rich person.

        I do agree that giving the money to the poor will help the economy, at least in the first part of the year, when they will spend every penny but the politicians will just find some more money to replace that lose, probable taking it from SS and Medicare, increasing our overall indebtedness. I doubt it will help teachers find work with higher pay.
        • Jan 9 2013: John, you have it backwards, the rich have tricked you again. They are good at that.

          -By making sure poor students are mandated public schooling by zip code and not given welfare money for education, the rich have assured that the poor will not get into the public schools in their White flight neighborhoods or into the private schools in their white flight neighborhoods.
          -The current system gives the poor $0 and a public school
          -Vouchers give the poor $8000 and the choice of any school, including all public ones that are $8000/yr or less.
          -$8000 pays for most private schools, and schools that discriminate based on race and background would be sued immediately.
          -Private schools that cater to the rich already exist. And the rich already send their kids to them.
          -Should the rich be prevented from eating at expensive restaurants too?
          -The poster Morton Bast had similar thoughts: Use something like a Gestapo to stop the rich from spending their own money on their family for education. Do you agree with her? Send everyone to vanilla boarding schools like Marx suggested?

          The rich and racist know exactly what will happen with vouchers:
          "School District Board President Charlotte Hummel actually compared herself to infamous segregationist George Wallace. She told The Philadelphia Inquirer recently that, "I will be standing in the schoolhouse door" to block vouchers, an allusion to the former Alabama governor who stood in the doorway of the University of Alabama in 1963 to protest integration."

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