Free at point of service. But it’s 7% of Swedish GDP, with all of that coming from public coffers.
Compare it to the US, which spends only 5.5% of GDP on education, with the majority on the heavily privatized university level.
The math gets worse when you look at student/teacher ratios, administration overhead, building construction, and spending on extracurriculars like sports.
Americans spend less overall than their swedish counterparts, but far more on amenities that have nothing to do with the actual mechanics of education.
According to my American economics education, this proves the American system is actually more efficient. Swedes would do better to adopt our model, if they want to be A#1 Liberty Whiskey Sexy, like we are.
More efficient for whom? And how? Because this is kind of hard to agree with when the efficient solution is a small amount of people with huge amounts of debt and everyone else not getting an education even if they want it.
I mean, what’s the point of public coffers if they aren’t being spent on public good?
Free at point of service. But it’s 7% of Swedish GDP, with all of that coming from public coffers.
Compare it to the US, which spends only 5.5% of GDP on education, with the majority on the heavily privatized university level.
The math gets worse when you look at student/teacher ratios, administration overhead, building construction, and spending on extracurriculars like sports.
Americans spend less overall than their swedish counterparts, but far more on amenities that have nothing to do with the actual mechanics of education.
According to my American economics education, this proves the American system is actually more efficient. Swedes would do better to adopt our model, if they want to be A#1 Liberty Whiskey Sexy, like we are.
More efficient for whom? And how? Because this is kind of hard to agree with when the efficient solution is a small amount of people with huge amounts of debt and everyone else not getting an education even if they want it.
I mean, what’s the point of public coffers if they aren’t being spent on public good?
I’m pretty sure you’re missing some sarcasm
That would be the people paying less tax…
You can’t just compare GDP spendings and call it efficiency without accounting for the output.
Does the USA educate the same fraction of their population as Sweden? Otherwise it’s comparing apples to pears.
Not that efficiency is the top priority in my book, but sure, it’s not an unimportant metric by any means.
edit: … am I being Poe’s lawed here?
I guess that depends on how you value “Business School” as an education model.