How about repealing all taxes used to fund schools (property taxes especially) and requiring parents to pay for school? Probably not realistic though. Some parents would still need financial assistance and there are state constitutional provisions mandating that the state provide an education to all. Vouchers with a provision that the government not be allowed to inquire as to which institution the money is directed by the parent? Feasible?
Sorry, I hit the post button before I was finished.
There's a difference between day care and schools that most people (not necessarily including you in this) have forgotten.
Our forebearers did very well with a 4th grade education - but, the standards were such that a 4th grade education in 1850 was probably the equivalent of a 12th grade education or better today.
And, I won't accept any argument that a high-tech society required better education. Yes, some jobs do, but consider this - the high tech society was created by school dropouts. Think Albert Einstein, Bill Gates, Steve Jobs, Michael Dell, and many many more. And - have you met an 8 year old today who can't use a digital camera, computer with all types of software, and search on the Internet ?
Could most people pay for 4 years of school for their kids if they were not paying property and state and federal taxes related to education ? Maybe not the people with 8 kids, but those with 2 ? Of course they could.