Whitney Tilson: “We have almost a million kids, we're spending over 40,000…”

“And I want to get to know her better and see if she's someone I would want to keep in that position. But hiring a great chancellor who's going to focus on doing right by kids. We have almost a million kids, we're spending over 40,000 bucks a kid and fewer than half of are reading at an even basic level. So let me ask you about the reading level because they just changed the way you read in New York City schools to a phonics based system. Yes. Thank you.” (10:11–10:21)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.