I think he's right , the US's educational system is a total cluster forget and inefficient, while we learn one language in elementary in other countries the would be learning their third language already.
If the US's Educational system worked we wouldn't have all these "bad student" schools, where nothing but endless fights happen and you learn jack stuff because the teacher decides to put movies on to make the day "easier" to teach.
I don't know about you guys, but my childhood and mainly school was an absolute living hell, nothing but fights, and when the guy says about knowing how to do taxes or running stocks, paying a mortgage, he is right, I had to learn those things myself because I was taught about stuff I never needed to know like how to find the slope in a fraction.
I think the worst part is the books used to teach are extremely outdated, I still remember that in the books there would always be a section for "connecting to the internet with AOL" or "How to properly use a floppy disk".