Fundamentally, the elements involved in a discussion of value have been covered in the prior discussion of aims and interests. But since educational values are generally discussed in connection with the claims of the various studies of the curriculum, the consideration of aim and interest is here resumed from the point of view of special studies. The term "value" has two quite different meanings. On the one hand, it denotes the attitude of prizing a thing finding it worth while, for its own sake, or intrinsically. This is a name for a full or complete experience. To value in this sense is to appreciate. But to value also means a distinctively intellectual act—an operation of comparing and judging—to valuate. This occurs when direct full experience is lacking, and the question arises which of the various possibilities of a situation is to be preferred in order to reach a full realization, or vital experience.
We must not, however, divide the studies of the curriculum into the appreciative, those concerned with intrinsic value, and the instrumental, concerned with those which are of value or ends beyond themselves. The formation of proper standards in any subject depends upon a realization of the contribution which it makes to the immediate significance of experience, upon a direct appreciation. Literature and the fine arts are of peculiar value because they represent appreciation at its best—a heightened realization of meaning through selection and concentration. But every subject at some phase of its development should possess, what is for the individual concerned with it, an aesthetic quality.
Contribution to immediate intrinsic values in all their variety in experience is the only criterion for determining the worth of instrumental and derived values in studies. The tendency to assign separate values to each study and to regard the curriculum in its entirety as a kind of composite made by the aggregation of segregated values is a result of the isolation of social groups and classes. Hence it is the business of education in a democratic social group to struggle against this isolation in order that the various interests may reinforce and play into one another.