A voucher system that would enable parents to choose freely the schools that their children attend is the most feasible way to improve elementary and secondary education in the US. Such a voucher system will encourage privatization of a sizeable fraction of educational services. That will unleash the drive, imagination and energy of competitive free enterprise to revolutionize the education process. The competition will froce goverment schools to improve in order to retain thier clientele. Except for a small group who have a vested interest in the present system, everyone would win: parents, students, teachers, taxpayers, private entrepreneurs and, above all, the residents of the central cities.
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Milton Friedman (1997) studied this question.
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