government destroys value.
in this case, the value of an American education was destroyed in ~40 years.
if thereโs no marketplace for customers (parents of students) to demand value (quality of education for price paid) by simply going to another service provider (school or educator), it is inevitable that costs will go up and quality will go down.
this is true of any service provided by government, which effectively grants itself a monopoly, deleting the opportunity for other service providers to compete in offering better value to customers/citizensโฆ
When Jimmy Carter purchased the teachersโ unionโs endorsement in 1979 by establishing the Department of Education, the USA was #1 in education.
46 years and $4.1 trillion dollars later, the USA is #40. We are, however, #1 in cost per student.