ECN501 Grantham Benefits and Disadvantages Of Private Vouchers Systems Paper

ECN501 Grantham Benefits and Disadvantages Of Private Vouchers Systems Paper

Evaluate the benefits and disadvantages of private vouchers as a way to improve public school education. The proposal is that every parent/guardian should be given a voucher for each child that can be used to pay for the child’s education at either a public or private school.

Critically examine the economic principles of (a) accountability, (b) welfare, and (c) competition. Also examine why most teachers’ unions are opposed to the private voucher system, while minorities are in favor?