The U.S. public education is reaching a crisis point and could destroy everything else around it if it isn’t fixed, Kenneth Langone, Invemed Associates chairman and president, told CNBC’s “Squawk Box” on Tuesday.
“We need desperately to fix our public education system, Langone said. “It's in trouble, and it will destroy everything else around us if we don't fix it.”
Addressing the teachers’ strike in Chicago, Langone said that while teachers are not making the kind of money they should make in some parts of the country, they should be held accountable for their performance.