Bill Bonner procura explicar:
"...Let’s look at education. Now, there’s an industry — we can all agree — that adds value. You could look at it as a charitable activity. Or as a profit-making business. Either way, education has to be a plus for the individual and for the society, right?
Wrong on both points. Education is only a benefit when freely floating prices are allowed to determine what it is worth. First, let us look at the whole industry. Since the 1960s spending on education, in raw terms, in per capita terms, in terms adjusted for inflation, has soared. From the 1930s, when the first careful records were compiled, to the 1990s, real spending on education multiplied 5 times per student. It more than doubled from the ’60s.
Did this increase in spending do any good? Not on the available evidence. Test scores — measuring achievement — have not budged in 40 years. In other words, the additional investment over the last 40 years has been wasted. We might as well have thrown the money down a well.
Read more: Misguided by Higher Education http://dailyreckoning.com/misguided-by-higher-education/#ixzz1cMOFD8Ny
Veja também: http://www.nytimes.com/2011/10/23/opinion/sunday/will-dropouts-save-america.html?pagewanted=all
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