Low-Cost Private Sector
Where government systems struggle to deliver quality education, increasing numbers of parents have turned to low cost private schooling. Low Cost Private Schools (LCPS) have demonstrated that they can provide a better quality education at a lower cost. The challenge facing governments now is to exploit the complementarity of both public and private systems to ensure better quality outcomes, value for money and increased enrolment.
The private sector has much to offer, especially in responding more quickly to specific local needs whilst minimising the financial impact on parents and reducing the burden on government institutions.
Adam Smith International provides expertise in the private education sector in a number of ways:
- Establishment of LCPS: engagement with entrepreneurs and philanthropists, incentivising the placement of new schools in targeted areas.
- Running successful LCPS: guidelines on minimum required standards, quality assurance of student learning outcomes, evaluation of school management structures.
- Vouchers and school subsidy programmes: provision of vouchers for education, compensating private schools for taking out-of-school students.
- Public-private partnerships: linking state-run and private institutions, sharing lessons learnt on minimising costs, complementary approaches to universal enrolment.
- Regulation of LCPS: guidelines on financial practices of LCPS, school/business registration, verification of teacher qualifications.