I can't remember which state it was but they spent 2/3+ of the entire states education budget on one underperming school district. In the end they ended up with new buildings but the scores went down because school spending isn't actually correlated with student success.
The postwar American glory period depended on the fact that half the brain power of society couldn’t get a job except in teaching. Now the sort of women who taught me in high school are federal judges and captains of industry. Teacher salaries would need to be two or three times as high to get the quality of the period of American greatness.