Two months ago, when the village schools were offered in the X-mas event, many people asked which items they should prioritize. The universal answer was the schools are last, as they would give only 1 person every 2 hours, or a total of 12 a day. As it would take a significant number of schools just to increase the basic rate enough to see a difference, it was not a reasonable investment.
On behalf of myself and everyone else who gave this advice, I am sorry. In the latest test server patch, these school were made upgrade-able. The school now is linked to the storehouse, which does increase the travel time, but not a significant amount compared to the 2 hour cycle time. However, the number of settlers does increase with each level, making a potential 5 settlers every 2 hours, or 60 settlers a day. Each 8 levels of schools can double the basic rate of settler recruitment.
As this was not known at the time of the event where extra schools were available, perhaps Blue Byte would be able to add them in with another event in the future (hint: Easter). This would give people the chance to get the extra ones without waiting another year.


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And yes, I think they should offer it again in another event.
