Monday, March 28, 2011

"Education Bank"

An interesting idea was outlined recently in the Atlantic on education:

Imagine a new type of financial institution, an "Education Bank," that is half-charity organization and half-bank. Like a charity, it would accept tax deductible donations. Like a bank, it would leverage those donations into circulation in the form of a new digital currency called Education Dollars. Schools could use these Education Dollars like coupons or credit card points that could be "redeemed" at participating stores.

Read more here.

MR

http://lawprofessors.typepad.com/family_law/2011/03/education-bank.html

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Comments

On paper, that idea sounds efficient. Though I am entirely certain that in practical effect, the whole idea would be far too complex.

Posted by: Tulsa Divorce Attorney | Mar 28, 2011 4:58:08 PM

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