Education a commoodity?

Jonathan Keiler wrote When Test Scores Become a Commodity recently and he seems spot-on.

We have become so obsessed with test scores in the last decade that we seem to confuse them with education... (by the way, I am still looking for valid research that indicates those who score well on these test are more educated for the 21st century). We also find ourselves in the situation where we cheat in order to gather higher test scores (that is what Keile describes). We cannot be surprised that educators are not acting like investment bankers... and I am wondering if we want to gamble with our children's future the way they did with our economy.