> Parents choose schools with better test scores, not schools with better teaching.
Only because other signals don't exist.
Parents know test scores don't correlate perfectly with learning, but what other metric do they have to judge by?
There are some schools with a stellar reputation for learning, and they get to charge an obscene premium. Amongst private schools, the ones with the best word of mouth reputation get to charge a lot more!
Only because other signals don't exist.
Parents know test scores don't correlate perfectly with learning, but what other metric do they have to judge by?
There are some schools with a stellar reputation for learning, and they get to charge an obscene premium. Amongst private schools, the ones with the best word of mouth reputation get to charge a lot more!