I wish there was a simple solution to solve the woes of the education system; it’s vitally important that this be corrected – not only for sons and daughters but for our nation’s economy. The effect of the quality education our students receive is far reaching beyond classroom walls. The impact of what is enacted at our schools has the ability to also sway our economy. According to a study from 2009 by McKinsey & Co., if the U.S. raised its education performance to the level of Korea, it could improve the U.S. economy by more than $2 trillion. We must spend less time focusing on how to bring the price of an education down and more time figuring out how to bring up the quality of that education.
Joseph “Big Joe” Clark, whose column is published Sundays, is a certified financial planner. He can be reached at firstname.lastname@example.org or 640-1524.