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I don't see anything wrong with the US giving foreign aid to Israel. Israel indeed is in a hostile environment, and if it weren't for its large army, it wouldn't exist anymore. Egypt is not in such a situation, so it doesn't need as much foreign aid.
On a side note, american educational system prior to university level is really screwed up. I can say this because I went to school both in the US and here. But that's not a problem of funding, it's mostly because of a bad educational program. Here we definitely have less money to spend on education, but still, prior to university, people here are generally better educated than those in the US. American schools are not pushing their students to work hard at all, so everybody is just slacking and screwing around.
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