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by TeMPOraL
4334 days ago
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They should, but they aren't and this is the reality. Capitalism sucks at valuing things that don't give immediate profit. Education is such a thing - it has extreme ROI... 20 years down the line. Which is too long a time and it gets valued less than small changes that will bring in a little bit of money next month. |
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And even ignoring that(for example, at private schools), the 'consumer' here is really the parent. The child isn't in a position to choose schools, so it's really about selling to the parent. I imagine it has to be hard to get a sense of any 20-year projected ROI if you can only indirectly measure teaching quality by what your child says and standardized test scores.