>We throw a bunch of other people's money at K12. I suspect most families would buy fewer years of schooling if they paid the true cost. Education is fundament

>We throw a bunch of other people's money at K12. I suspect most families would buy fewer years of schooling if they paid the true cost. Education is fundamentally (mostly) a positional good - what it buys is the right to be considered for white-collar jobs ahead of competitors who haven't spent as much time getting educated. Families already spend as much as they can afford in education to win this tournament, the only thing that would reduce education spending is if everyone else stopped buying as much education.