Chester E. Finn, Jr., Christina M. Hentges, Michael J. Petrilli and Amber M. Winkler [458K PDF]:

Of all the arguments that critics of school voucher programs advance, the one that may resonate loudest with the public concerns school accountability. Opponents say it’s not fair to hold public schools to account for their results (under No Child Left Behind and similar systems) and then let private schools receive taxpayer dollars–however indirectly–with no accountability at all. We at the Thomas B. Fordham Institute don’t buy that argument entirely. Private schools participating in voucher programs, tax-credit programs, scholarship programs and such are accountable to parents via the school choice marketplace. But we don’t dismiss it, either. For both substantive and strategic reasons, we believe it’s time for school choice supporters to embrace accountability, done right.
For too long, school choice supporters have been stuck in a tired internal debate that hobbles the advance of vouchers and other worthy forms of school choice. Staunch free-marketers say “leave the schools alone and let the parents decide.” More left-leaning critics say “if they won’t play by the same rules as public schools don’t give them any assistance at all.” Yet this debate has become ever more archaic in a society preoccupied with student achievement, school performance, results based accountability, international competitiveness and institutional transparency.
It’s time for the school choice movement to wake up–and catch up to the educational demands and expectations of the 21st century. It’s paradoxical to us that even as the demands on K-12 education are escalating and important new forms of choice are emerging (not just vouchers for choice’s sake but private schooling as a decent option for kids otherwise stuck in failing public schools, means-tested scholarships for low-income families, corporate and individual tax credit and deduction programs, specialized vouchers for disabled youngsters, and more) the accountability and-transparency discussion seems mired in the 1970s.
Let’s restart the discussion. But what does “accountability, done right” looklike in practice? To find out, we sought the assistance of 20 experts in the school choice world–scholars, advocates, program administrators, private school representatives–to help us wrestle with the thorny issues that together embody the accountability question writ large. In this paper, we present their insights, opinions, and advice about how accountability for voucher programs should be structured. We then synthesize their views and offer our own take. Here’s an overview.