The most amazing statistic?
McKinsey & Co., recently ran the numbers, and found that if U.S. children did as well as students from nations such as Finland, our economy would be 9%-16% larger. This means our schools are costing us $1.3 trillion to $2.3 trillion every year. Just for comparison’s sake, as of late May, economists thought the recession would shave 3.7% from our economy.
America is still the greatest country on earth, but our education system is very badly broken. How bad do things have to get before wholesale changes are made to improve education?
We’re not lacking for ideas.
We are lacking in execution of these ideas and it’s costing us dearly.