What’s Wrong with Our Schools?

I have been reading Free To Choose from Milton Friedman, and this quote really caught my attention:

“In line with common practice, we have used “education” and “schooling” as synonyms. But the identification of the two terms is another case of using persuasive terminology. In a more careful use of the terms, not all “schooling” is “education” and not all “education” is “schooling”. Many highly schooled people are uneducated, and many highly “educated” people are unschooled.

Alexander Hamilton was one of the most truly “educated,” literate , and scholarly of our founding fathers, yet he had only three or four years of formal schooling.”