Every month the average per student expenditure is deposited in the student’s educational savings account. The money would be in unavailable until the student shows educational achievement. This achievement will be determined by rating agencies. Multiple assessments methods would emerge among many rating agencies and the government would pick a rating limit needed to release the funds in the educational saving accounts.
There would not be any price controls similar to many voucher programs. Schools could charge more or less then the government funding. If lower, the money stays in the account for the future or other outside education related items such as transportation, clubs, sports, music, tutors, online education, computer hardware or software among others. If the money does not cover the complete cost the parents or students can cover the difference.