Newsom supports educational vouchers for SF kids

Wow, for college anyway-- if they can get a decent education from the government's expensive and largely inept education monopoly.

From the AP's (hat tip: C-J)...

Should cities help families save for their kids' college education? San Francisco Mayor Gavin Newsom thinks so. Newsom wants to create college savings accounts for all of San Francisco's kindergartners and make small initial deposits to get them started — even as the city grapples with a massive budget shortfall....

Researchers have experimented with creating college savings accounts for low-income kids in communities around the country, but San Francisco would be the first U.S. city to launch a citywide program...

Britain created Child Trust Funds in 2005, when the government began handing out vouchers worth hundreds of dollars to parents of newborns. But the government announced earlier this week it plans to scrap the program as it tackles its budget deficit.

If funding is approved, San Francisco would deposit $50 into college savings accounts for each kindergartner attending a city public school. Low-income students who qualify for free or reduced lunch would get $100....