Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, October 12
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Kent Pekel: Is education a public good or a private commodity? – Post Bulletin
    Commodities

    Kent Pekel: Is education a public good or a private commodity? – Post Bulletin

    October 29, 20245 Mins Read


    As superintendent of Rochester Public Schools, I have had hundreds of conversations about the referendum to increase local funding for our school district that is on the Nov. 5 ballot. As we enter the home stretch to the election, I would like to tell you about one of those conversations because it illustrates an issue that goes beyond the upcoming referendum and speaks directly to how we value public education in our community and our country.

    The conversation occurred after I gave a presentation on the referendum at one of our elementary schools. A current RPS parent came up to me and told me this:

    “This referendum is causing some conflict in my family. My parents and their friends are saying they might not vote for it because they aren’t sure what’s in it for them. I was educated in Rochester Public Schools. Someone paid for the great education I received. I can’t believe my parents are wondering if they should vote to give the same kind of education to kids in our schools today.”

    As I listened to the parent describe the complex discussions that are taking place within her family, I thought of a question that has been on my mind since I started my career as a high school teacher in the early 1990s: Is education in the United States truly a public good, or is it really a private commodity?

    Before I share my thoughts, let me provide some context. Private commodities like houses and cars must be purchased, and buying one reduces availability for others. In contrast, public goods can be used by anyone without direct payment, and one person’s use doesn’t limit access for others.

    For example, fire departments are a widely supported public good. Few would want to live where emergency response depends on ability to pay, or where putting out a fire in one area prevents fighting one in another.

    Education in the United States has a proud history as a public good. In fact, our country was the first in the world to view education that way. In the 1800s, we created the common school to teach young children reading, writing and arithmetic. In the 1900s, we created the high school to provide all students with 12 years of compulsory education. Those investments in our citizenry — what economists call human capital — were a major reason the United States became the economic superpower of the 20th century.

    There are concerning signs today that our country is shifting from seeing education as a public good to treating it as a private commodity. Every state in the nation sets academic standards that schools are expected to help all students meet or exceed. In addition, every state and the federal government also require that students with disabilities and students whose first language is not English be provided with an array of important additional services.

    Despite those facts, for decades schools in Minnesota and elsewhere have not been funded at the levels they need to help all students meet state academic standards. Schools are also chronically funded at levels far below what they need to cover the cost of state and federal mandates for special education and other services.

    I believe that it is in everyone’s self-interest to sustain and strengthen our nation’s tradition of supporting education as a public good. Studies show that the level and quality of education that people receive plays a major role in the incomes they earn, their health and longevity, and the degree to which they vote and volunteer. The level of education that people attain also influences how likely they are to commit serious crimes or need public assistance. In other words, the more educated a community is, the more prosperous, healthy, and safe it is likely to be.

    Rochester Public Schools currently educates more than 75% of the young people who are growing up within the boundaries of our school district, which extend into many communities beyond the City of Rochester. The quality of education that students receive in RPS today will shape the workforce of tomorrow. Our future mechanics, healthcare workers, architects, and police officers are currently learning in the classrooms of Rochester Public Schools.

    The good news is that education is not a fixed commodity of which there’s only so much to go around. When one student excels in reading, math, or science, it does not limit the potential for others to succeed in those subjects. The only barrier to how much our young people can achieve is the quality and quantity of the investment we make in their learning and development.

    If I could say one thing to the parents of that RPS parent who came up to talk to me after my presentation the other day, it would be this: Investing in education doesn’t just benefit today’s students. It also leads to productive futures for our children and stronger, more vibrant communities for everyone.

    Kent Pekel is superintendent of the Rochester Public Schools.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHeiQ to delist from London Stock Exchange
    Next Article Bitcoin Taps $69,000 With ‘Bullish Setup’ As US Elections Near: New ATH Soon?

    Related Posts

    Commodities

    Global commodities giant is moving its corporate headquarters out of Cyprus

    October 4, 2026
    Commodities

    Tokenized commodities in DeFi reach $133M as Aave dominates with 51% market share

    September 24, 2026
    Commodities

    Guardis Adds Tokenized Stocks and Commodities For Trading

    September 24, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Real estate: How influencers are redefining property market transactions

    December 3, 2025
    Stock Market

    Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty

    August 20, 2025
    Bitcoin

    L’expert appelle le prix du bitcoin à 110 000 $ sous-évalué

    July 4, 2025
    What's Hot

    FTSE 100 May Stay Rangebound as Markets Weigh War Risks and Rate Cuts

    March 6, 2026

    China Home Prices- July 15, 2024

    July 15, 2024

    Asian Paints shares hit 52 week high for second day, overbought on charts; price targets, outlook & more 

    November 12, 2025
    Most Popular

    Big Banks Shine as Soft CPI Lifts Bonds, Exposing Market Fault Lines

    July 15, 2026

    Bitcoin and Ethereum Dominate Market Caps, But MAGAX Presale Quietly Builds the Next 100× Moonshot

    September 11, 2025

    CurrentBody owner plots £350m London stock market listing | Money News

    February 4, 2025
    Editor's Picks

    ‘Like Bitcoin In 2013’—Sudden 1,000% Price Surge Has Billionaires Betting On A Surprise $1.6 Trillion Crypto Flip

    May 14, 2026

    Arthur Hayes et Dan Tapiero considèrent les tarifs comme catalyseur de la croissance du bitcoin

    April 7, 2025

    China property: Sunac’s multimillion-yuan One Sino Park in Shanghai sells out in 3 hours

    October 27, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.