I assume the idea is more money could've been invested into bringing the bottom rungs of American society up and created a more skilled and educated workforce in the process.
The US has pushed a shit ton of money into education. I mean an unreasonable amount of it went to administrators. But the goal and the intent was certainly there.
Education is part of it. But a lot of the social capital which makes societies prosperous is separate from what we usually consider to be education. On an individual behavior level that includes things like knowing how to show up for work on time, sober, and properly dressed, and follow management instructions without arguing or taking things personally. These are skills that people in the middle and upper classes take for granted but they forget that there are a large number of fellow citizens in the economically disconnected underclass who never had a good opportunity to learn those basics. As a society we've never done a good job of lifting those people up.
> I mean an unreasonable amount of it went to administrators. But the goal and the intent was certainly there.
This is wrong.
The increase in administrator pay began well after the crises cited in OP.
You could cite spending on the sciences (and thus Silicon Valley), but the spending by the US did not accrue to administrators; and further, federal money primarily goes to grants and loans, but GP is citing a time over which there were relatively low increases in tuition.
Edit: Not at home, but even a cursory serious search will turn up reports like this one that indicate the lack of clarity in the popular uprising against money "[going] to administrators"
jimbokun|3 months ago
The US has pushed a shit ton of money into education. I mean an unreasonable amount of it went to administrators. But the goal and the intent was certainly there.
nradov|3 months ago
bonsai_spool|3 months ago
This is wrong.
The increase in administrator pay began well after the crises cited in OP.
You could cite spending on the sciences (and thus Silicon Valley), but the spending by the US did not accrue to administrators; and further, federal money primarily goes to grants and loans, but GP is citing a time over which there were relatively low increases in tuition.
Edit: Not at home, but even a cursory serious search will turn up reports like this one that indicate the lack of clarity in the popular uprising against money "[going] to administrators"
https://www.investigativeeconomics.org/p/who-to-believe-on-u...