Uber, I can't find any article or website that says that Florida has privatized their schools. They are allowing vouchers for low-income children to attend private school, and just voted to allow a private school to collect 80% of the public school cost per voucher, but the public schools still exist.
Personally, I think privatizing schools can be a good thing, and it'll have some bad nuggets as well, just as anything in life. There are wonderful public schools, and then there are terrible public schools.
I've read previously that the biggest indicator that a child will do well in school are not is how involved the parents are with the education. The ones that never show up for any parent-teacher conference are the ones who've got kids flailing in class. Thus, those that pull their kids out of public school to put them through private are doing so because they're involved, thus the private school does better.
But I can see the upside of privatization. Streamlined decisions that don't have to weave through a bureaucratic nightmare. Multiple small schools that focus on different areas. The ability to hire people who KNOW the subject although they might not have a degree in that subject. Some of the best people I've learned from at work (engineers, not teachers) never earned their engineering degrees. They started by pounding rivets on the line, and worked their way up internally. Those people have a lifetime of experience and are willing to share it, but would be denied if they had to have a specific degree.
Downsides? I can see a bad school using every scheme and trick in the book to keep the money flowing. I can just see now "Lunch, as presented by Oscar Meyer" or science class, sponsored by Dow Chemicals. Redefining what a "passing" score is. I'd hope that with a privatized school system, the market would weed bad schools out and replace them with good ones. But I doubt government would allow an efficient market to actually work.
Thus, kickbacks and corruption will occur, private or public wouldn't matter.
That was a bit of ramble, wasn't it?