Word: voucherization
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...Last year Spencer Bibbs and neighboring A. A. Dixon Elementary became national guinea pigs as the first schools to lose kids to state-sponsored vouchers, thanks to Governor Jeb Bush's "A+ Schools" program, the model for his brother's national voucher plan. (As governor of Texas, George W. Bush tried but failed to get the legislature to pass a similar program.) Students at both Pensacola schools were offered as much as $4,000 in state aid to pay for private-school tuition. Under Bush's national proposal, failing schools that do not improve for three years would lose their...
...Florida, voucher proponents had argued that parents would jump at the chance to get their "trapped" kids out of public schools. Yet of the 870 students offered vouchers, only 60 took them; eight have since moved back to the public schools. Area superintendent Jim May explains that parents already had the option of switching their kids into other public schools, which, unlike the private schools, pay for transportation and lunch. The 52 kids still using the vouchers are mostly happy, say their parents, but that's the only evidence of improvement because the state has refused to release the voucher...
...other hand, the government is still holding the bag for Investment and Postal Bank (IPB), which was fully privatized by the time the Social Democrats came to power. It's the kind of privatization that gives sell-offs a bad name. Part of the bank was privatized by the voucher method. Although the state kept a majority stake, that share was subsequently diluted. In 1998 the state unloaded its remaining stake (36.29%) to Nomura, the Japanese investment bank, which resold its shares to a passive Dutch shareholder. At no point did the bank have a strategic investor to oversee...
...beliefs Allen happily epitomizes. Allen has also promised that as Senator, he would introduce a $1,000-to-$2,000 "education tax credit" bill to help parents buy computers and school supplies, even if their kids attend private schools, which would make it a kind of below-the-radar voucher...
...beliefs Allen happily epitomizes. Allen has also promised that as Senator, he would introduce a $1,000-to-$2,000 "education tax credit" bill to help parents buy computers and school supplies, even if their kids attend private schools, which would make it a kind of below-the-radar voucher...