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  LEAP

The Lovellian Education Alternatives Program (LEAP) is an intermediate step between the failure we see routinely manifested by the public education system today and the complete realization of excellence that can only come about as a result of implementing The Fix for Education ("Education Plus").  LEAP is designed to provide an attractive funding solution for the benefit of public school systems (and all institutions of higher learning) that relieves the supporting community of the economic burden imposed by school taxes by vesting parents with the responsibility of directly contributing to the costs on a leveraged basis to empower parents to send their children to the school of their choice.  LEAP provides the following key program benefits:

  • Affordability.  LEAP uses a fundamentally different approach to financing the costs of education that makes it affordable for all households - even the poorest households.  This affordability also engenders direct accountability for parents that will translate into parents who are true education consumers as they are directly connected to the negotiation process and the results.
  • Choice.  LEAP is based upon a complete voucher system that allows parents to take their child and their money to the school the parent believes best serves their interest.  LEAP eliminates the fear of parents of having to send their child to a failing school.  All schools are placed in competition with each other.  All grades, classes and teachers are also placed in competition with one another.  This allows the unseen hand of capitalism (called "Rational Choice Theory") to enact its magic and turn failing schools into performers or force them out of business altogether.  The same is true with teachers - the profit motive will serve to eliminate marginal teachers and the grotesquely inefficient education bureaucracy that provides nothing the market or education stakeholders value.
  • Fiscal Sanity.  LEAP eliminates naked deficit spending and the use of taxation to make the school funding program possible.  Instead, LEAP uses an investment-income model that has been perfected for the benefit of surrounding community's economy and in a way that does not distort the economy, but stimulates the demand schedule for capital investment and indirectly stimulates the demand schedule for labor.  LEAP uses a combination of borrowing and equity investments to defease the borrowings and provide the source of future repayment in a system that is both self-sustaining and self-regulating - so government cannot corrupt it.

LEAP is the future and is both affordable and scalable for your community, your children and your future.


For more information on LEAP you can download either the one-page talking points memo (click here) or you can download the white paper that provides a more comprehensive program summary (click here).

     
 

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© Copyright, 2005 - 2011, Clinton E. Lovell.  All rights reserved.  The Fix is marketed and sold under license to Rainmaker Marketing Corporation, Inc. 
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