The Timetraveler Tidbits #4

The Chrysalis Experimental Schools will be matched as closely as possible to the corporate business structure. These independent schools will be run like businesses but following a set of guidelines in order to be licensed. There will be minimum, basic guidelines for each school to follow, with the ability to then branch off in whatever direction they wish as long as they have the income to support it. There will be a lively atmosphere of competition between them, making for a healthy economy. People with specialized knowledge will be in demand by the different schools and all teachers will be paid according to their merit, not their number of years in service. It will all have a round robin effect on stimulating personal growth and education. There is a more futuristic method of funding schools that I would like to present here also. It is also an equitable way to see that funding for education takes place. This would come from the central government of each country putting aside an "education seed" for each child as it is born. This seed is added to each year on the child's birthday as a government stipend. The money is kept in a bank account for each child. This seed money will be allowed to be invested by those in the bank and the school district of the seed. When or if the child moves, his seed follows him. This fund will be ever growing at double the amount used out of it because of the multiplication factor of sevens. To explain, you might consider the way a multi-level company works. A child is born and the government puts $7.00 in the bank seed for it. When the child is seven months old it receives an additional $7.00, and at the age of one year and on each birthday thereafter until age 25, it receives $70.00. The first $84.00 is invested in a short six month account at 7% interest which is then added to the original $84.00, which is invested at 7% again for six months. This continues each six months adding the birthday stipend each year. This fund is started as a babe, and is then used to fund his education. These seeds will be started with taxes from people which will be based on guidelines set by income, number of children and property owned. It will be an equitable set of criteria used for this taxation. I believe that it is appropriate for senior citizens to help with the cost of education of youngsters. They had this help, not only for themselves, but for their children and their grandchildren. If they never brought children into the world, they still had this help for themselves and their parents had it and their grandparents.