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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 20 2013: An excellent education remains the clearest,
    surest route to the middle class. To compete with
    other countries we must strengthen STEM
    education. Early in my administration, I called for
    a national effort to move American students from
    the middle to the top of the pack in science and math achievement. Last year, I announced an
    ambitious goal of preparing 100,000 additional
    STEM teachers over the next decade, with growing
    philanthropic and private sector support. My
    "Educate to Innovate" campaign is bringing
    together leading businesses, foundations, non- profits, and professional societies to improve
    STEM teaching and learning. Recently, I outlined a
    plan to launch a new national STEM Master
    Teacher Corps that will be established in 100 sites
    across the country and be expanded over the next
    four years to support 10,000 of the best STEM teachers in the nation.
    • Jan 20 2013: STEM education is definitely what we need more of. A curriculum that focuses primarily on science, technology, engineering, and mathematics is the surest way to ensure our children are ready for the demands of our 21st century economy. Naturally, public education is the most cost effective way of delivering it.
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        Jan 20 2013: STEM education is not that lucrative in the real world and there is a lack of jobs. While industry claims a shortage of educated engineers and chemical graduates, the jobs just aren't out there or are already filled by older people. The truth is that most graduates that get a STEM education end up in management or finance, especial the Insurance field (if they have heavy math skills).

        When I graduated in the Eighties, the jobs were not there. We were in the midst of a recession and everyone was either slowing down or cutting back. I ended up creating a job in the metal salvage industry; made boo-cu bucks. I also established a lock and key business before settling in the programming industry as a lone maverick. My first job was as a programmer in a robotics factory but that fell off after a year, leaving me looking for work. There simply weren't any jobs to be had back then and entrepreneurship was the way to go, as it might be today.
        • Jan 20 2013: STEM by itself may not be lucrative, but it is a fundamental part of the degrees that are. Consider nursing and other health care professions. Advanced math, chemistry, and biology are key parts of that education.

          Our weak economy doesn't help. Degrees without experience have always posed difficulty for new grads throughout all of history.

          It can be hard for some to realize the value of a science education. Not everybody is going to go into a profession that needs it. To that end, I actually think one of the most practical classes I ever took in high school was typing. However, from an economy point of view, if only 1 out of 1,000 students with a science education went on to be innovators, the payoff would be worth it. 50 million K-12 students in the pipeline would translate to 50,000 innovators for our future.

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