Re: Not exactly
As with almost any other service or product, the secret is choice and a lot of competition. Right now, education is mostly a state bureaucracy, and we shouldn't be surprised that it acts like one.
I've posted numbers in the past showing how costs per student in constant dollars have skyrocketed over recent decades, while teacher salaries have remained almost flat. You tell me where the money's going. It sure doesn't seem to be going to actually educating kids.
The problem isn't lack of money. The problem is a top-heavy moribund bureaucracy.