Solyndras In the Classroom: How We Vastly Overrate Education:
...it appears that our massive “investments” in education have produced no measurable economic return. Should we be surprised by this? No. Average scores on standardized tests have not risen, despite the fact that we are “investing” seven times as much in real terms in each student than we did six decades ago. So, even by the measures used by the educational establishment, it is clear that the higher spending has not created any additional human capital.
I do not overrate learning. I think we overrate spending on the education industry which protects a monopoly on credentialing. Learning and education are not the same thing. Learning is for adults (over 16); education is for children.
Tracked: Feb 17, 18:30