This assumes the market wouldn't self correct and private schools became the norm.
This assumes the market wouldn't self correct and private schools became the norm.
I think the scale of public schooling is not widely understood. A bit over 56 million kids attended school in the U.S. in fall 2020. Of those, almost 51 million attended public schools—-almost 90%. Private schools cannot take up that volume; they never could. Again, that’s why we created public schools in the first place.
It’s not so different from why we created public roads, even though private versions already existed.
Any of the other charter schools in the state, not employing these tactics, produce gains on par with public schools.
Although it’s great for the students who graduate from the elite charters, it’s unscalable.
When you look into what it means to have a public school system it really means that the system is expected to support everyone, including the neediest and most expensive students. So of course by declining these students charter schools can boast being much cheaper.
>>> This assumes the market wouldn't self correct and private schools became the norm.
> What about poor people? I think there are 60 million of those in the US.
The invisible hand would decide, in its infinite and sublime wisdom, that society is better off if they get no education....which is as clear an illustration as any of what market failure is.