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WSJIf an educated work force is the nation's human capital, business is seeing a lot of subprime these days.

Graduation rates are dismal in many school districts. Teachers are bailing out of the profession. Parents are frantic at the lack of options. Chancellors are clashing with unions. And student performance pales next to the competition abroad. Business often can't find the talent it needs in the work force that our education system produces.

The CEO Council considered a range of remedies. John Bussey, chief of the Journal's Washington bureau, moderated discussions by the education task-force as it considered what five priorities to recommend. Here are edited excerpts of those discussions.

How CEOs Would Fix Education -