"Education is very much, I've always thought, just like the real estate
business: there are three things that matter: location, location,
location is the old joke. Well in education, it is: quality of teacher,
quality of teacher, quality of teacher. And I would -- if I had the
ability, which nobody does really, to just design a system and say, 'ex
cathedra, this is what we're going to do,' you would cut the number of
teachers in half, but you would double the compensation of them, and you
would weed out all the bad ones and just have good teachers. And double
the class size with a better teacher is a good deal for the students."
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