Are you familiar with Salman Khan? If not, you should be.
He founded the online Khan Academy in 2006. It features over 3,800 instructional videos. For example, his video lessons on mathematics proceed from 1 + 1 = 2 all the way to calculus. On a monthly basis, at least 6 million students visit his site. Cumulatively, they have studied almost 230 million lessons.
Best of all, it is completely free.
Contrast this with the province of Ontario. The most recent data from 2009-10 estimate that the provincial government spends approximately $9,990 per student. Meanwhile, the province is currently in debt to the tune of over $272 billion. Worst of all, the administrative costs associated with operating 72 separate boards of education ensure that much of this per capita funding is spent on layers of bureaucracy instead of students.
But, as Dr. Gary North reminds us:
The old rule is clear: you can’t beat something with nothing. Therefore, the key to organizing the future tax revolt against overpriced public education is the development of comprehensive alternatives to the existing tax-funded system of education. Until parents believe that there are viable alternatives to the existing system, they will cling to the existing system.
Here is Khan discussing the type of fundamental restructuring that our educational system requires:
500 years of YouTube video are watched every day on Facebook. Your channel is free. Do you know something worth knowing? Why not teach it to others?
Gregory Cummings writes about Canadian monetary and economic policy. His writing has been featured at the Ludwig von Mises Institute of Canada and the Ludwig von Mises Institute's Mises Daily publication. Read more.