Unlocking Opportunities: The Socioeconomic Impact of Quality Education

Education highly enables the individual to get better job opportunities, which leads to personal development, social development, and economic stability (UNESCO, 2021). Education equips the individual with skills to sustain their career, business, and financial life. Higher educational attainment often tends to be associated with higher wages in the workforce (Hanushek & Woessmann, 2020). In addition, education improves quality of life, social empowerment, and economic stability at the national level (World Bank, 2018). Individuals with a good educational background are more likely to make better decisions in planning for their families, managing finances, and achieving economic independence (OECD, 2019). Education is not just about income; it also develops personal growth, financial security, and social development (Psacharopoulos & Patrinos, 2018). It is a trigger for skill building, social status, and quality of life. Poverty, inequality, injustice, unemployment, child marriage, and discrimination can be discouraged through education (UNDP, 2019).