Well, federal regulation can and should end today. We can immediately transition to a state and locally regulated system with a federal block grant that stipulates that at least 50% of it be earmarked for vouchers. We can even stipulate and annual 1-2% decrease in funding. But what we can't do is cut all funding before we've allowed private industry the time to start filling the void that public schools will leave. Richer states might be ok. Poorer states would not. A gradual defunding would give people and states a chance to adjust their budgets smoothly without disrupting education.

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