You made so many false equivalencies and straw arguments in there it’s hard to know where to start.
First, you conflated higher education with public school education.
Second, you are apparently unaware of the boom in on line private education.
Third, the “real cost” of eduation as you called it involves paying many high profile professors a few hundred thousand a year NOT to teach a damned class.
Fourth, you miss the point that we already as a society pay for every kid to have K-12 education…..and the massive market would be created if each family could take their allotment of money to whatever school they wanted.
Fifth, it was reported that DC now spends 30 thousand dollars per kid per year. Now please, tell me a huge market wouldn’t spring up overnight if that money could be taken to schools of choice. 30K a year!!!
Hey, put a business plan together and go for it. People thought running prisons would be wildly profitable too.
If you think there’s a market teaching inner city DC kids, then go for it. I think you are eventually sued out of business, whether the claims are meritorious or not.
Modern universities are there to generate IP, to subsist on government grants, etc. Tuition pays for about 11 percent of a college education, as it sits today.
Let’s not talk about the massive amount of debt they all piled up building gaudy monstrosities during the 2000’s.
The reason why I’m talking about the sencondary market is because it is relatively unregulated as compared to the K-12 market.
As a business person teaching inner-city DC kids, don’t forget you’ll be forced to take the special ed kids too (LEAST RESTRICTIVE LEARNING ENVIRONMENT). You’ll be forced to evaluate each kid, every day, to see if they had been beaten or abused the night before, and report the same.
Then, you’ll be evaluated on test scores, whether they graduated, and then ultimately on whether they could hack college-level math.
But look at the gold in them thar hills pa! $30K per student in one of the most corrupt systems in the country - like there’d be $30K available to you if you took over. That’s all borrowed money. The actual PARENTS would have to pay, and they don’t have $30K per year.
Lots of private schools out there already, its just that each one gets to pick and choose its students. You won’t.