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The United States spends more money than any other country, and its elite institutions are the world's best. But overall the system is wasteful, fails too many and is falling behind other countries.
No, the topic isn't health care it's higher education.
The latest stinging report came last week from a state colleges group arguing the United States isn't producing enough college graduates, especially in science. Similar gloominess emanates from business groups and even the Obama administration, whose top education goals include again leading the world in proportion of college graduates.
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