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Opinion: Why The Government Continues To Invest/Spend More Money in Education

Education is a fundamental driver of personal, national and global development. However, since the beginning of the century, recognition of this has driven many countries to pursue the millennium Development Goal of achieving universal primary, secondary and university education and eradicating gender disparities at all levels of education by 2030. This has contributed to considerable progress in expanding educational opportunities and attainment worldwide.

Academic research conducted by scholars has shown that countries with higher per capita income, lower income inequality and lower fertility rates of tend to invest more in children’s education, with public expenditure leading to higher enrollment rates.

Government continues to invest a lot of money in educations due to the following reasons;

Education as a solution to other global challenges

Education helps improve health care

Increased Country’s per capita income 

Education promotes government stability in times of conflict

Production of demanded skilled manpower

Positive impact on culture and attitudes from varied communities

Education as a solution to global challenge

Notably, every global change requires educational knowledge and skills in case of any changes made in its system. For example, when the government needs a constitutional reform, the best look is those with sufficient knowledge in law related fields.

Conversely, in a country adversely affected by climate change will demand knowledge from climatologist as well as from astrologists. Therefore, the government should continue to make substantial investment in education to prepare for any forthcoming global challenge.

Currently, there is global outbreak of Covid-19 virus. With education as an investment, able health officers are produced globally to help carry out research to come up with appropriate vaccine to solve this problem.

Education helps improve health care

Recent studies suggest that the effect education has on health is as great as great as the income has. Education improves personal, family and community well-being by promoting and sustaining healthy lifestyle choices in developing countries. People are better prepared to prevent diseases and therefore, resolve to use health services effectively with a proper education. Educated mothers are 50% more likely to ensure their children are vaccinated.

According to the center for Global Development, young people who complete primary school are less likely to contract HIV than those with little or no schooling. Therefore, it is for this valid reason why the government continues to invest more money in education.

Increased country’s per capita income

Better education is essential in developing countries because it plays a fundamental role in economic growth. When schooling years are increased, economies grow at a higher annual rate. This will raise per capita income. With each additional year of school many people earn wages at approximately 10% higher, this will contribute to country’s per capita income as well as economic growth.

Education promotes government stability in times of conflict

The government continues to invest in education as it promotes stability during times of crisis. Children across the globe are forced out of school when conflict or political turmoil arises, leading to high dropout rates and lower completion rates. The stability of education provides a sense of normalcy to children during times of conflicts.

Access to basic education increased thanks to the response from global communities, improving completion rates and improving the quality of education.

Production of demanded skilled manpower

One of the most vital reason as to why the government continues to invest in education is in order to produce sufficient skilled manpower to meet the available job markets. In a country with lack of adequate skilled manpower, it will experience the problem of underutilization of resources. Additionally, the country may incur the extra cost of importing external the best way is to invest in education continuously to help promote the production of demanded skilled labor.

Positive impact on culture and attitudes from varied communities

The government continues to invest in education so as to mold varied community cultures by converting them into desired ones. Educations as a process of imparting positive attitudes towards learners aims at enhancing the shaping of cultures by condemning immoral practices such female genital mutilations among women.

Unemployment is a term used to refer to individuals who are employed and actively seeking a job but are unable to find a job. Included in this group are those people in the workforce who are working but do not have an appropriate job.

Content created and supplied by: Dickensaloo (via Opera News )

Development Goal


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