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Document Number: 8742

Shifting Risk to Create Opportunity: A Role for Performance Guarantees in Education - The authors suggest that while many school districts are hesitant to hand over schools and school functions to outsiders, the Obama administration's goal of reforming 5,000 of the nation's lowest-performing schools in the next five years would benefit from the services of independent educational entrepreneurs. Performance guarantees, they argue, would establish a standard of performance and provide financial compensation for failed promises and, most importantly, make someone other than the state or district at least partially responsible for outcomes. (Bryan Hassel and Daniela Doyle, American Enterprise Institute, July 2010)...

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Choice of Schools

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