Monday, March 28, 2011
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.