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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: JBTFD who wrote (164650)11/15/2008 3:10:02 PM
From: ChanceIsRead Replies (2) | Respond to of 306849
 
>>>Getting your money back is to me equivalent to opting out.<<<

You aren't getting ANY money back. You can't spend that voucher anywhere else but at a school for tuition. (You may be able to fence it, but I don't know.) It isn't money. Its a tuition credit. You might argue that if you were going to send your child to private school anyway, then you can spend the value of the credit elsewhere - like on food. But that doesn't relieve one from paying the public school tax.

Hmmm. In this sense vouchers are a little like the current homeowner bailout. If you F-up enough, then the government will pay your mortgage for you. Similarly if you don't have your career act together enough to afford private school, then the government will pick up the tab for you.

Both concepts encourage mediocrity. Now I am beginning to be a little against vouchers. Maybe it is the case that I should be against public schools instead...... and of course homeowner bailouts.