which is knowledge about “how to do something” as opposed to declarative knowledge (i.e. knowledge about facts, rules, and information). Procedural knowledge is improved not only by learning the proper procedure (e.g. for flipping a burger or changing oil) but also for how quickly and efficiently the procedure is performed.
In other words, can you not also pay more to get a faster burger or oil change?
I get that there is still a ceiling at which it’s not worth the extra cost in pay to get an extra unit of speed.
But how are you going to determine the appropriate ceiling for education? Is knowledge limited to a certain amount that will ever be useful? Obviously not. Knowledge is constantly increasing through science and research.
My wife went to private school where teachers are paid more. She was waaay smarter than me by the time we both got to college. It wasn’t close. College was easy for her. It took a lot of work for me to catch up.
I just don’t see how you can compare that to the ceiling of flipping a burger