Stossel: Private School Success Around the World
In South Korea, the best teachers are paid like star athletes. Why can't U.S. schools reward talent?
Star athletes earn far more than bench warmers—why can't schools adopt the same approach to remunerating talent? In most U.S. public schools, compensation is determined by one factor: years served in the classroom.
In South Korea, the best instructors are treated like star athletes. Some earn millions.
The late Andrew Coulson, a former senior fellow at the Cato Institute, partnered with the Free to Choose Network to create the film School, Inc., which examines some of these free market successes abroad.
But School, Inc. is three hours! So John Stossel made a two-part short-attention-span version. In part two, Coulson looks at private school innovation abroad. And he travels to India, where poor citizens pay to send their kids to private schools to keep them out of the dreadful public system.
Coulson passed away in 2016 following a 15-month battle with brain cancer. For more on his contribution to the field, read his classic 1999 book, Market Education: The Unknown History.
Produced by Maxim Lott. Edited by Joshua Swain.
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