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Petar Ivanov

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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?

Related Talks:
Topics: Personalized Education Redistribution of Wealth creativity education learning social change
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  • Varlan Allan 10+

    • +4
    Jan 13 2013: Teachers' hefty salaries are driving up taxes, and they only work 9 or 10 months a year! It's time we put thing in perspective and pay them for what they do - babysit! We can get that for minimum wage. That's right. Let's give them $3.00 an hour and only the hours they worked; not any of that silly planning time, or any time they spend before or after school. That ...would be $19.50 a day (7:45 to......... 3:00 PM with 45 min. off for lunch and plan-- that equals 6 1/2 hours). Each parent should pay $19.50 a day for these teachers to baby-sit their children. Now how many students do they teach in a day...maybe 30? So that's $19.50 x 30 = $585.00 a day. However, remember they only work 180 days a year!!! I am not going to pay them for any vacations. LET'S SEE.... That's $585 X 180= $105,300 per year. (Hold on! My calculator needs new batteries).What about those special education teachers and the ones with Master's degrees? Well, we could pay them minimum wage ($7.75), and just to be fair, round it off to $8.00 an hour. That would be $8 X 6 1/2 hours X 30 children X 180 days = $280,800 per year. Wait a minute -- there's something wrong here! There sure is!

    The average teacher's salary (nation wide) is $50,000. $50,000/180 days = $277.77/per day/30 students=$9.25/6.5 hours = $1.42 per hour per student--a very inexpensive baby-sitter and they even EDUCATE your kids!) WHAT A DEAL!!!!

    Make a teacher smile; re-post this to show appreciation ♥ all you out there!

    From a friend in Canada

    • Petar Ivanov

      • 0
      Jan 14 2013: Good one Varlan,

      The average cost of K-12 education in Pennsylvania is over $12,000.
      -Kindergarten class of 30 students, $360,000/yr; 1000 instructional hours.
      -1000 instructional hours; $360/hr for an excellent tutor.
      -Teachers paid $50,000.

      Supporters of the politicians and central planners of public schooling, please justify the $310,000.

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