I finally watched the whole video. I have to say that I disagree with the closing statements of one of the teachers. Competition between schools would definetly improve the quality of education, which is the point the show was trying to make.
russ, then if the prices are so high, they're definetly getting ripped off along with the students.
How do you figure about the competition?
Competition doesn't make the local corner grocery store with high prices better. The high prices lure in a bigger, more efficient store into the neighborhood. Competition drives the local corner grocery store with high prices out of business.
That's fine for customers because we're only going to spend our money in one place. Probably the place that gives the best quality for the least amount of money.
With schools, what you're actually suggesting is that we spend money for two schools in one neighborhood, one of which we'll later close because it isn't as efficient as the other. But then, the remaining school could become inefficient with no competition, so we open another school and close the least efficient.
Competition doesn't work if you're spending your money on both the winner of the competition and the loser.
It also ignores the most important aspect of the equation. Everyone is paying for the public schools whether they send their kid to a private school or not. What benefit is it to us to give people back their money just because they happen to have enough money to support both a public school and a private school?
School vouchers and competition may be fair to those sending their kids to private schools, but reducing the amount of money spent on education isn't likely to improve it.