The $40 Billion Money Pit
May 27, 2026
40 min
Full
432 of 439
May 27, 2026
The $40 Billion Money Pit
0:00 / 40:29
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Lost Debate Episodes Around May 27, 2026
Episode 432 of 439 — walk the feed in the order it was published.
40:29This episodeThe $40 Billion Money Pit
Summary
New York City spends over $40,000 per student — more than almost anywhere in America — yet its schools deliver painfully average results while enrollment continues to collapse. Ravi sits down with journalist Marc Novicoff to unpack the exploding costs, shrinking classrooms, special education loopholes, and political dysfunction driving the crisis. They explore how billion-dollar programs, empty school buildings, and untouchable bureaucracy are reshaping public education in America’s largest city — and why almost nobody in power seems willing to confront it.
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