• Journal
  • Editorial
    • CNN AC360 | The Head Fake
    • CNN AC360 | The Short Squeeze of Death
    • DIYHF on Amazon Books
    • Publication: Cointegration and Asset Allocation
    • Publication: Cointegration and Asset Management
    • DIY Hedge Funds | Excerpts
    • What Now?
    • Want to Rebalance Your Short Positions? Here’s How.
  • Portraiture
  • Press | Mentions
    • Esquire Magazine | Grey's Anatomy
    • Mention: "Barack Obama: The Story" by David Maraniss
    • Good Reads | DIY Hedge Funds
    • Interview | w/Erik Landskroner
  • Musings
    • Sesquipedalian's Lair
    • Aural Pleasures
    • Shorts and Quotes
    • La Raison
  • Gustations
    • New York
    • Philadelphia
    • Sicily
    • Montreal
    • Santo Domingo
    • Lima
    • San Pedro de Atacama
    • Santiago
    • Volosko, Croatia
    • Malaga
  • Contact W3
  • Connubium
  • Menu

Wayne Weddington | Blog Extempore

Weddington Blog
  • Journal
  • Editorial
    • CNN AC360 | The Head Fake
    • CNN AC360 | The Short Squeeze of Death
    • DIYHF on Amazon Books
    • Publication: Cointegration and Asset Allocation
    • Publication: Cointegration and Asset Management
    • DIY Hedge Funds | Excerpts
    • What Now?
    • Want to Rebalance Your Short Positions? Here’s How.
  • Portraiture
  • Press | Mentions
    • Esquire Magazine | Grey's Anatomy
    • Mention: "Barack Obama: The Story" by David Maraniss
    • Good Reads | DIY Hedge Funds
    • Interview | w/Erik Landskroner
  • Musings
    • Sesquipedalian's Lair
    • Aural Pleasures
    • Shorts and Quotes
    • La Raison
  • Gustations
    • New York
    • Philadelphia
    • Sicily
    • Montreal
    • Santo Domingo
    • Lima
    • San Pedro de Atacama
    • Santiago
    • Volosko, Croatia
    • Malaga
  • Contact W3
  • Connubium
076022118-children-education-kid-read-bo.jpeg

New York City Should Implement a School Voucher System

September 10, 2021 in Opinion

New York City spends thirty-eight thousand dollars ($38,000) annually per student in the public school system.

Let us repeat that (for emphasis): New York City (that would mean the five boroughs including The Bronx, Queens and Staten Island)…… spends THIRTY-EIGHT THOUSAND DOLLARS ($38,000) annually PER STUDENT in the public school system.

Wow, that is a lot of learning. Right? Well, no, not really. New York State ranks forty-first out of fifty states in average SAT scores.

Critics of school education vouchers say that the programs would not benefit the poor because it would eviscerate the (Government’s somber monopoly of) local schools, presumably leaving those schools worse off.

But it is, specifically, the poor whom a voucher policy would benefit. Right now, the poor have no options other than the long-time failing educational systems in their neighborhood. The wealthy can afford to pay twice to educate their children. The wealthy pay real estate taxes that support the ‘local’ public school systems, and send their own children to private schools and pay supernumerary tuition. The wealthy do not suffer the intransigence of the Government’s inefficiencies and poor performance results in education.

By contrast, the circumstances of poor(er) relegate their children to the failing schools of their own neighborhoods, with crumbling infrastructure, less-productive, often apathetic teachers and a compromised learning environment. All of it adds-up to a deficient learning opportunity and the recurring cycle of poverty.

What if New York City were to issue checks (or debit cards) to the City’s residents at the beginning of every school year, one for $38,000 (redeemable strictly at the local public school) and the other for say $31,000 — a 20% discount for the New York taxpayer — to be redeemed at any school of a parent’s choosing. Parents can redeem only one voucher. What does one believe the poor would do? Would they continue to send a $38,000 check every year to the same school that has been failing their children, perhaps for generations? Or would they send the smaller $31,000 check to a school that is results-successful and tailored to the needs and development of their child? or a private or parochial school? And even for those who would continue to send their checks to the local school, would it not be more probable that they would be highly engaged in that school’s success? improving their children’s experience and outcomes?

To paraphrase Milton Friedman, the Government demonstrates a perverse idiosyncrasy to produce goods and services at lower quality and higher prices than the private sector. I have many friends whose children attend private or parochial school, and the tuition does not even asymptote the Government’s cost. The results are superior however, immanently incomparable to those of the public alternative.

New York City is not alone in its waste and inefficacy. The United States ranks below the average countries in the OECD, in THIRTIETH place for Mathematics, according to the National Center for Education Statistics. The consequence is grave and it is a pall on the country’s competitiveness on the global stage.

New York: ratify the voucher system for education. The market-based voucher solution would be cheaper, more productive and progressive.

Tags: Charter schools, private education, public education, competitiveness, learning, schools, New York City, Wayne Weddington
Prev / Next

Featured Posts

Featured
Wayne Weddington
Term Limits | Hezekiah's Lament
Wayne Weddington

Term limits require a market based solution.

Wayne Weddington
Wayne Weddington
Augustus, My Sponsor.
Wayne Weddington

Augustus was baptised in August 2021 in Kastav Croatia at Sveta Jelena. Grateful, I promised the young priest that upon my return to New York, I would embark upon the process to be baptised myself, with Augustus as my ostensible Sponsor. I joined the St Ignatius Loyola Church catechumen process.

“We cannot attain the presence of God because we’re already totally in the presence of God. What’s absent is awareness.” ~Richard Rohr, OFM

Wayne Weddington
Wayne Weddington
The Curmudgeon Opines | Re-purposed Hair Dryers
Wayne Weddington

Where the author misses cleaning his hands like a gentleman.

Wayne Weddington
Wayne Weddington
New York City Should Implement a School Voucher System
Wayne Weddington

New York City spends thirty-eight thousand dollars ($38,000) annually per student in the public school system. Big number, deleterious results.

Wayne Weddington
Wayne Weddington
Let's Pay People to Go to Church
Wayne Weddington

Empirical studies strongly suggest that people who attend church or who participate in community institutions have better lives and are more productive citizens.

Wayne Weddington
Wayne Weddington
To my friend, the Nihilist
Wayne Weddington
Wayne Weddington
Wayne Weddington
Teens, Vape, Mom and Dad
Wayne Weddington

The reality: Vaping Saves Lives.

Wayne Weddington
Wayne Weddington
Sir Veillance
Wayne Weddington

We invite Alexa, Siri and "OK Google" into our homes, providing them access to every word we say. Then the tech companies turn these conversations into commercializable moments, nudging us with curated advertisements to purchase goods and services from their clients.

Wayne Weddington
Wayne Weddington
Sisyphus Re-Imagined
Wayne Weddington

The imagery is that of Sisyphus, who represents Private Enterprise.

Wayne Weddington
Wayne Weddington
A Man's Perambulation
Wayne Weddington
Wayne Weddington
Wayne Weddington
A Conversation About Reality
Wayne Weddington
Wayne Weddington
Wayne Weddington
Immigration Kabuki
Wayne Weddington

In 1821, when Mexico won its independence from Spain, Mexican Texas became part of the new nation. Soon thereafter, the Mexicans relaxed their immigration policies to allow migrants from the United States.

Wayne Weddington
Wayne Weddington
The Curmudgeon Opines | Mobile Phones
Wayne Weddington

Mobile phones are a pestilence. A scourge upon the imagination.

Wayne Weddington
Wayne Weddington
The American Race
Wayne Weddington

Our collective national dignity of the American Experiment does not countenance that we refer to each other by skin hue, or measure one's patriotism by the continent from whence came our forebears.

Wayne Weddington
Wayne Weddington
The top-ten most (personally) influential music albums
Wayne Weddington

It was difficult getting to just ten albums over a span of fifty years.

Wayne Weddington
Wayne Weddington
Go'ment or Private Sector
Wayne Weddington

Once one has had to interact with the apparatchiks of the governmental regulatory cabal, it would be virtually impossible not to become, subsequently, a small government conservative.

Wayne Weddington
Wayne Weddington
Put it away
Wayne Weddington

Apologies. This author is simply clarifying a common malaprop of which, up, to put, one should not.

Wayne Weddington
Wayne Weddington
Are you horny?
Wayne Weddington

Motorists no longer use the car horn to warn of impending danger, its intended purpose. Rather, it is used to convey the shrill, callow sentiments of frustration

Wayne Weddington