No. It will result in more FTEs to the school systems increasing their power. It will also result in increased taxes at the local and state levels for education. It will not improve results because the same people will be involved in the same system turning out the same results. Finally, it will usurp local authorities and school boards by injecting more federal government and unions in the schools.
Bad idea all the way around. The problems with the schools are not related to quantity they are related to quality.
If Oslimebag is involved, it's gonna be a way to grow unions and government.