What's wrong? The U.S. spends far more per pupil than any other country and yet lags years behind other countries in math and science competency. The big mistaken notion people have about our education system is that it's a problem of funding and all we have to do is toss more money at it
on average
the US is top 5 in spending per pupil - on average
however, that spending is not distributed evenly. It ranges from just over $2,000 to over $30,000 per kid. The disparity in spending is insane. That $2,000 figure puts those schools somewhere between Columbia and Indonesia.
and because such a big chunk of funding comes from property taxes, it means schools in poor areas are fucked and always will be. it's why rich neighborhoods and suburbs make damn sure they have their own school district. So they don't have to share with the poor areas.
And since their schools are fucked cause funding is tied to property value, there is almost no hope of ever rising above poverty since education is the primary means for class jumping.
also, the idea that schools are broadly rife with spending inefficiency and fraud is just stupid. You won't find another profession with more spending oversight. My school gets audited 4 fucking times every year.
I have to fill out literally 4 sets of paperwork for every dollar of my allotted budget I try to spend. And there is a very narrow range of what I can buy. My budget for consumables this year was $50 per semester. They rest has come out of my pocket. I keep a record and last year I spent more than $4,800 out of pocket that will never be reimbursed.
If there is inefficiency, then it comes from the absurd oversight driven by boomer assholes that haven't seen the inside of a school for 30 years and somehow think people become public teachers so they can get rich scamming their district.
I understand that you went to school, so you think you know something about it. But in this instance, you are dead wrong