How the market-based education system works in Arcane
Market-based education is the core theme of my young adult fantasy series, Arcane Elemental Academy. And it works far better than any public “education” model.
The question is this: Why does market-based education work better than public “education,” and why isn’t it the prevailing model?
Two reasons. One, in a free market, you have choices. Just go to your local grocery store and you’ll see this in action right in front of you. Not only do you have choices in quality, but you also have choices in prices.
You might claim that grocery store prices have gone through the roof, and that is the case in some areas. That said, alternatives like local farmer’s markets sell for lower prices, even with higher quality food because there’s no middleman.
Central-planning or massive bureaucracies can’t bring about the same outcome, because only players in the market know where to allocate their resources and production. Overall supply, demand, profits, and losses, tell producers how to best serve consumers.
So, why is “public education” the prevailing model here?
One reason is because it’s mandatory and it’s already in the community, paid primarily with local taxes that residents have no choice but to fork up. Because of the mandates, most will use the “public service,” especially since, when they were kids, they had gone through public, and not market-based education.
Most believe they turned out fine, so they have no problem putting their own kids through public schools. But, there are a ton of catches to this.
For one, the current public “education” model, isn’t tried and true. When you think about your old school days, you might wonder why less than half of your graduating class may have been honors graduates, with even fewer graduating with honors and with an academic letter.
It’s because the current model: The six-to-eight-hour school day, the bell system, being told when you can and can’t talk, sitting in neat rows at uncomfortable desks, and being told when you can eat, use the bathroom, or even get a drink, fits a sliver of students. But the method can never cater to the broader base.
Why market-based education has trailed public “education”
We often hear horror stories about market-based education, both in the news and in academia. Schools make false promises for job placement, others use contractual loopholes to exploit families for hidden costs, or others may discontinue their services without warning.
That’s all designed to instill fear and further uphold the public “education” model, where the State has complete control over your kids. When market education threatens public “education,” the State and their subsidiaries in academia and the media panic, before cherry-picking.
This fearmongering further gravitates the masses toward the public “education” model. And when most of them have gone through public “education” themselves, it only deepens their continued dependence on it while looking with skepticism if not outright disdain at market-based education.
It’s easier when bureaucrats churn this information out to those they know have gone through public “education” to begin with. Even if many of these individuals may see flaws in the model, they may claim it’s the “least of the evils.”
But market-based education is no different from other services
Taking the grocery store model from earlier, market-based education has worked and will continue to work because, when you look beyond cherry-picked examples in the media and academia, you see a plethora of choices.
It’s why the schools that supposedly exploit and lie to their customers are less likely to stay in business long. If you have five auto parts stores in your area and two of them routinely screw over customers, do you think those customers would keep going there if there were three other nearby options? Probably not.
The same would go with market-based education. As for supposedly high prices and hidden costs, that would depend on what you’re purchasing. Are you paying to send a kid to a local private school that’s hardly any different in its curriculum and learning model than the local public school? If you are, then expect to pay some steep tuition.
But what about the microschool that’s catering to students individually, and determines which supplies they would need to provide for them, and that you would pay for, for their unique interest and learning style? Chances are, the price would vary on a per-individual basis.
Now, imagine if you had five microschools. Chip in that former public school teacher who is now catering to homeschooled kids because they saw through the public “education” model. Suddenly, we got six options.
What about another former public school teacher who specializes in unschooling? The competition grows, as does the types of education offered.
Taking on a unique model in Arcane Elemental Academy
Now, let’s talk about my young adult fantasy series, and the unique education model it brings. Arcane Elemental Academy may be one institution, but it’s a league of independent schools, 32 to be exact, competing for students.
The academy itself receives no revenue, as each school operates under what’s really a symbolic umbrella. The schools themselves receive all the revenue, and they’ll profit if they satisfy both the students and parents. If they don’t, then the students are free to explore the other schools in the academy for a better fit, and even withdraw from the academy to seek opportunities elsewhere.
Every school in the academy operates differently. A couple of them DO offer the so-called traditional model because some kids perform well in that structured environment. They have traditional classes, tests, grades, and a more rigid structure.
As for my protagonist, Yote Diamondback? She plays that traditional schooling game well, but you can guess that she plays another game even better. See, Yote discovers she’s better off learning in a more laid-back, discussion-based environment, using more practical, hands-on means of learning instead of sitting at a desk, taking notes, doing homework, and memorizing what she’s studying.
You can meet Yote right now and get a feel for who she is. Just check out the first three chapters of Book I in the series, The Arcane Prophecy.