The estimated budget for the first year of full implementation of the nurseryeducationvoucherscheme was £750 million.
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Friedman's proposededucationvouchersystem promotes competition between public schools (and private) thus creating a market based solution to educational issues.
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First, education vouchers increase per capita income and growth.
From theCambridge English Corpus
Education vouchers are urged on the ground that they will give greater freedom of choice to parents.
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If private education is chosen, aneducationvoucheris available and after-tax income is allocated between private consumption and education.
From theCambridge English Corpus
Through abolition of the nurseryeducationvoucherscheme, we have substantially reduced the administrative work of pre-schools and other providers.
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A valid nurseryeducationvoucherwill be necessary for a school to claim grant.
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I believe that there are two particular recommendations for aneducationvoucherscheme.
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I am not claiming that the idea of aneducationvoucherwill solve all our education problems.
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The nurseryeducationvoucherscheme will be no exception.
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When the nurseryeducationvoucherscheme starts, the amount of funding coming through the present route will be reduced.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The nurseryeducationvoucherscheme has been designed to keep administration costs for local education authorities to a minimum.
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The nurseryeducationvoucherscheme brings the prospect of earlier identification and intervention for children with special education needs.
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We are confident that the costs will be less than those of administering the nurseryeducationvoucherscheme.
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The introduction of the nurseryeducationvoucheris another step in that direction.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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