"Right" is kind of a loaded word. The markets may not reflect your personal values towards education, and also don't really reflect mine either in this case. But I suspect that the market still reflects the aggregate value society places on education. There's a small caveat here for government legislated requirements and salaries will lag because government is slow to react. For what it's worth though, my understanding is that private school teachers, whose salary and benefits are not legislated, tend to be paid less than public school teachers. They are probably a more accurate reflection of the market value of teachers.
"Right" is kind of a loaded word. The markets may not reflect your personal values towards education, and also don't really reflect mine either in this case. But I suspect that the market still reflects the aggregate value society places on education. There's a small caveat here for government legislated requirements and salaries will lag because government is slow to react. For what it's worth though, my understanding is that private school teachers, whose salary and benefits are not legislated, tend to be paid less than public school teachers. They are probably a more accurate reflection of the market value of teachers.