Education has the potential to open incredible doors of opportunity for students. Yet despite unprecedented levels of public school funding and numerous reforms, far too many young people in America's school system today never enjoy the opportunities afforded to students by a quality education. In Education and Opportunity, Michael McShane proposes a market-based approach to education--one that fosters innovation and encourages competition, through charter schools, education savings accounts, and school choice. However, liberalization of the system is not enough. As with any sector of the economy moving from public monopoly to market control, effective stabilizing measures and supporting institutions are also necessary if the system is to be successful. McShane lays out a comprehensive, compelling case for education reform that encourages a "marketplace of education options." With new, innovative schooling options, Americans can ensure that their children will receive the high-quality education that is essential for their success.