I think the thesis of Senator Warren's book The Two-Income Trap (2004) is that in the US, where you don't have the problem with profit-driven schools (or at lea

I think the thesis of Senator Warren's book The Two-Income Trap (2004) is that in the US, where you don't have the problem with profit-driven schools (or at least had it much less back then), you instead have the problem that the middle classes will flee to the suburbs to get their kids into good schools (or, as another poster has put it, "not-bad" schools). The schools may be public, but as long as you need a certain income to live in the district, that serves the same purpose. Book review by Scott Alexander here: https://slatestarcodex.com/2014/06/28/book-review-the-two-income-trap/ https://slatestarcodex.com/2014/06/28/book-review-the-two-in...)