Concepts for Education?

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What do you think about these concepts?

1. Abolish mandatory schooling. Kids who don't care should not waste taxpayer dollars.
2. Cut the number of teachers in half, but double their paycheck. This would drastically increase the quality of teachers, but drastically increase the size of classrooms. One of the reasons all your teachers are so stupid, is because they went to graduate school only to get a 30-50k paycheck.

Basically, the concept is that of the guy running the Edison chain of commercial schools(ie, they get public schools to outsource to them). He wants to increase teacher pay at the expense of larger class sizes. Apparently it works in Japan.