Our record number of teenagers must become our record number of high school and college graduates and our record number of teachers scientists doctors lawyers and skilled professionals.
I have no problems with private schools. I graduated from one and so did my mother. Private schools are useful and we often use public funds to pay for their infrastructures and other common needs.
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ACT and SAT each have their own parts of the country. The GRE has its lock on graduate admissions. And so one could blame the companies but really economically they have no incentive to change things very much because they're getting the business.