Educational Vouchers

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"The use of government revenues to create tuition vouchers redeemable at public or private primary and secondary schools was proposed by the conservative economist Milton Friedman (1962). The idea of using publicly funded tuition vouchers to finance education, which had a long history before Friedman gave it new life, has assumed a number of guises over the years. Although it has received limited attention from those actually charged with solving the problems of financing education, the voucher concept has received support at various times from concerned parents and educators on the political Left and the political Right (Krashinsky, 1986). Because it promises great freedom in education, the educational voucher remains an attractive idea. Considered to be similar in many respects to educational tax credit programs, a voucher system is even less likely than such ... "

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