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True, they're also not needed as much in the summer. Question is how quickly should we dismantle our institutions, and what are the long term costs of that? We
by npunt 6y ago
True, they're also not needed as much in the summer. Question is how quickly should we dismantle our institutions, and what are the long term costs of that?
Were schools better funded, they would be able to absorb some disruptions in the world without immediately falling apart. If we build our core institutions of society on a kind of just-in-time efficiency economic model, they become weak and fragile, and getting back to prior operational capacity takes years. The long term costs of that in general outweigh the short term savings.
Education's ROI is $7+ for every $1 invested, but for a variety of cultural and legal reasons it is chronically underfunded.
https://www.impact.upenn.edu/our-analysis/opportunities-to-achieve-impact/early-childhood-toolkit/why-invest/what-is-the-return-on-investment/ https://www.impact.upenn.edu/our-analysis/opportunities-to-a...