If you just read people complaining on HN, then yeah, I’m sure you’d get that impression.
The only OECD country to spend more per student than the US is Norway.
https://nces.ed.gov/programs/coe/indicator_cmd.asp
San Francisco is not on the high end in the US, but it is suffering largely because of increasing pension and salary requirements. I assume the latter (and likely both) is itself caused by the extreme cost of living in the area.
https://www.sfexaminer.com/news/sfusd-expects-budget-cuts-de...