There have been recurrent proposals for education voucher schemes, in which the government provides a voucher that

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There have been recurrent proposals for education voucher schemes, in which the government provides a voucher that can be used to purchase education from either a public provider (the local town) or a private provider. The GI Bill eff ectively provided such vouchers for veterans of the Korean War and World War II. In the 1996 presidential campaign, Senator Robert Dole proposed that the federal government fi nance a limited number of such vouchers. What do you see as the advantages and disadvantages of these voucher schemes? Are there some circumstances (some kinds of educational services) for which vouchers seem more attractive?

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Economics Of The Public Sector

ISBN: 9780393925227

4th Edition

Authors: Joseph E. Stiglitz, Jay K. Rosengard

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