We should give “education vouchers” for parents to spend on schools as they wish

Why not give every parent a voucher for £5,500 to spend on free state education or as a top-up for a private education?

161213-school-b

Parents could send their children wherever they wanted
(Image credit: 2010 Getty Images)

It has always been a mild mystery to me why private schools cling so desperately to their charitable status. It can't save them particularly large amounts of money, particularly given how much they are expected to "give back" in terms of shared facilities and bursaries, and it brings them endlessly political bother, something most of them could happily do without. I suspect that if they could all find easy ways of getting out of the whole charity thing (it isn't easy, given the networks of trusts that finance them) they would.

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Merryn Somerset Webb
Former editor in chief, MoneyWeek