The relationship between money and educational quality doesn't have to be a perfect 1-1 linear one to have some validity. There are a lot of really bad schools in America, but it could be, for example, that past a certain basic threshold (which some schools are well below), spending provides diminishing returns.
What they don't address is the notion that in "elite" education now, kids are being actively misinformed. It would appear that Stanford law students are actually worse off than if they had never gone to school at all.
The relationship between money and educational quality doesn't have to be a perfect 1-1 linear one to have some validity. There are a lot of really bad schools in America, but it could be, for example, that past a certain basic threshold (which some schools are well below), spending provides diminishing returns.
What they don't address is the notion that in "elite" education now, kids are being actively misinformed. It would appear that Stanford law students are actually worse off than if they had never gone to school at all.