> Invest heavily in education and revisit in a few generations
It is a persistent myth that the US does not invest in education. Not only is the dollars per student spent in the US competitive, it exceeds the majority of European nations spending per student by a large margin.
"In 2015, the United States spent approximately $12,800 per student on elementary and secondary education. That is over 35% more than the OECD country average of $9,500. At the post-secondary level, the United States spent approximately $30,000 per student, which was 93% higher than the average of OECD countries ($16,100)."
The question is what part of those dollars really buy quality and what part just ends in pockets of well-connected interest groups.
I see this question only rarely asked. Too many people seem to think that shoveling extra money on X will get you better results almost automatically. No, it won't, corruption and special interests can capture that extra value unless the investor is careful.
Now it is true that underfinancing will get you worse results, but the opposite just does not hold.
Invest, not spend. You'll see plenty of school districts which receive tons of money but at the classroom level teachers are barely paid and kids have no supplies.
Money is going somewhere but most of it isn't into the actual education.
It is a persistent myth that the US does not invest in education. Not only is the dollars per student spent in the US competitive, it exceeds the majority of European nations spending per student by a large margin.
"In 2015, the United States spent approximately $12,800 per student on elementary and secondary education. That is over 35% more than the OECD country average of $9,500. At the post-secondary level, the United States spent approximately $30,000 per student, which was 93% higher than the average of OECD countries ($16,100)."
https://www.investopedia.com/ask/answers/020915/what-country...