My take..... If you want to decrease the cost of schooling, but still have the benefits, i.e. education level..... Then take the government out of the picture. Mike D works for a Charter school. After talking to him about their course plans and education requirements, it is just as good if not better than any public school system. But charter schools just lose all the fat-cat salaries that go along with "administrating" at a higher township/state level. They are held to the same standards of teaching as any public system, they just have less "monitoring" by elected officials. They have figured it out. it is about results on a broad scale. Heck, Mike's Charter school even steps it up and will let students earn college credit while attending high school. I don't know of too many public schools that offer that incentive.
Competition within school townships would prove beneficial. Instead of schools knowing they are getting X number of kids, they have to compete to draw in those kids by providing a better service. Charters schools do the same things or better with less money and I've never heard Mike complain about his salary any more than I do as a procurement guy for a private sector company.