Lost Debate
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NYC Schools: The $40 Billion Money Pit

Posted

May 29, 2026

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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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NYC SchoolsNew York CityMarc NovicoffLostDebate Notes

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