3 ms·
what would we normalize it to? not saying you are wrong in any way, just curiously wondering?
by bdangubic 2y ago
what would we normalize it to? not saying you are wrong in any way, just curiously wondering?
- wyager 2y agoThere's no a priori reason you would expect student expenditures to become less effective per dollar in richer countries, except the fraction spent on labor.
- eapressoandcats 2y agoEducation is almost entirely labor and real estate. It’s a classic Baumol’s cost disease situation. Like I guess richer countries can purchase better computer labs? So yeah, it’s probably true that the US spends more per pupil because we have a higher GDP per capita, but it’s not clear that we should expect to get a lot more out of it.