I would be happy if we pooled all money for education into a pool and then redistributed a voucher per pupil. School funding would come from students wanting to go to your school. Everyone would get the same amount to work with. Also, make it so a school can't accept donations or outside funding beyond the vouchers from the students. The amount of money even the poorest states spend on their students is often much more then it would cost to just send your child to private school.
The rich will never let that happen though.
Fundamentally, I agree with your concept. In an idealized world, this is the best method for a public education. The main issue I do have with that is how do you transition to it. You have school districts and states that are historically under-funded for years, even decades. They are in desperate need of massive institutional infrastructure funding, well and beyond what would be an otherwise fair payout per student. Some of these districts need upwards of $1 billion or more needed to get out of buildings that are over 100 years old and have not had an overhaul in over 60 years, with all the included dangers involved of buildings of that age with asbestos, lead paint, lead pipes, and mold/mildew/rodents/insects....
So let me get this straight. We have a large amount of students coming in that both can't do math and need remedial writing courses. The school has no problem letting ANYONE in, as they will just get a government backed loan. The UC wins regardless if the student ever finishes or not.
Seems to me, they are just insuring their income stream stays nice and healthy.
Not really. The UC system has way more applicants than it can accept, and it has been that way for decades. As such, they already know they have the "income stream" that is "nice and healthy".
What this really means is that the UC system is doing a much worse job then they previously did in "selecting" the students into their system that are ready to meet the requirements without needing remedial math and writing.
In other words, the UC system changed how they were selecting people for acceptance, and the metrics of tracking the need for these remedial courses by a much larger percentage of the incoming students are showing that their current selection criteria is doing a worse job of picking out students who are academically ready for the standards of the UC system at the time of their selection/acceptance.
Know Thy User.