This is a good thing for the country; the education provided by these schools is often on par with sources like Kahn Academy and Coursera -- at a much higher price. It seemed like many for-profit colleges are simply a way for "schools" to collect federally guaranteed loans that the students then have to pay back. The student assumes all of the risk. The other side of this industry are charter schools. These are for-p…
Oh please, get off this idea we don't put enough money into education. We put too much, so much so that they ended up hiring people other than teachers and the carry forward costs are too high. You want to fix education in the US, the money must follow the student. Until the school systems themselves are forced to improve by having students want to attend they won't. The recent issue with testing which they said was…
How does that money get spent?
In other words, it's a governance issue. (Also, I believe, but cannot prove, it's also a scale issue. Large districts should be split up. Would give parents more choice.)
A buddy was CFO for the local school district. Admin swallows half the budget. Real estate investments are poorly managed. Maintenance has been neglected.
Meanwhile, teachers are underpaid, no COL raises for years, student to teacher ratios continue to climb, they're adding "portables" because they ran out of class room space, special needs kids are neglected, programs are cut to the bare minimum.
Et cetera, et cetera.
Yes, we US taxpayers spend a lot education. No, we're not getting our money's worth. No, privatizing via charter schools (reducing transparency and accountability) doesn't help.
Meanwhile, our kids are screwed.