Completely re-invent the educational system
For example:
With the advent of the Internet, there is no longer any need to make large numbers of kids converge on factory-like buildings.
Instead, each neighborhood can have several learning resource centers, manned by staff that are trained to help students of all ages connect with the teachers and resources they need to learn. Some of which are local, and some of which may be on the other side of the planet.
Many resource centers can be housed in residential buildings, helping to create an increased demand for homes as a bonus. This will increase their value and restore lost equity.
Additional learning centers can be located at places of work, research centers, non-profits, performance centers, etc. Anywhere there is access to people and materials that will help the learning process.
Teachers can be incented by receiving part of their pay and retirement income based on the long term productivty of their students. Experts in each subject area can decide on the top ten metrics for success in their field. Teachers would recieve bonuses based on the number of students who acheive these goals in their careers.
Our old ideas about what an education consists of must change too...our children's future will be very different from our past.