Money Cuts Both Ways in Education

Source: New York Times Posted By: Renee H...4011 days ago

If you doubt that we live in a winner-take-all economy and that education is the trump card, consider the vast amounts the affluent spend to teach their offspring. We see it anecdotally in the soaring fees for private schools, private lessons and private tutors, many of them targeted at the pre-school set. And recent academic research has confirmed what many of us overhear at the school gates or read on mommy blogs.

This power spending on the children of the economic elite is usually — and rightly....

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