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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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