10 Reasons Why Education Is Better Than Money

Is education better than money? I know you are here to acquire some knowledge as regards this debate topic. Education is important likewise money. But for debate sake, you have to pick a side and defend it with good points. It is known that money gives freedom and choices, but education empowers you to make money.

What is Education

According to Wikipedia, education facilitates learning, or the acquisition of knowledge, skills, values, morals, beliefs, habits, and personal development. Educational methods include teaching, training, storytelling, discussion, and directed research. Education frequently takes place under the guidance of educators; however, learners can also educate themselves.

There is no substitute for a heart that is well educated. Education is learning what you didn’t even know you didn’t know. – Daniel J. Boorstin

There are three (3) main types of education: formal education, Informal Education, and Non-formal Education.

Formal Education: This usually takes place within the premises of the school.

Informal Education: This is done outside the premises of an academic institution. Often, this is when a person learns skills or acquires knowledge from home, when visiting libraries, or browsing educational websites through a device. Also, it is a type of education where a parent teaches their child things beyond academics, like preparing a meal or riding a bicycle.

Non-Formal refers to adult basic education, adult literacy education, or skill development. It can take different forms of learning, which are consistently and systematically provided to develop an individual’s particular skill or ability.

Reasons why education is better than money

Reduces Child Mortality

According to UNESCO, a child born to a mother who can read is 50 percent more likely to survive past the age of five. This means parents that are educated know what to do and where to go when their children are facing challenges like health.

Stability and financial security

Once level of educational attainment can sometimes determine what such a person will earn. And that is why a person’s income is often linked to his or her educational attainment. Around the world, there are more employment opportunities for those who complete high school, earn a degree, diploma, or certificate, or go on to post-graduate studies. These can also mean higher wages or salaries.

Economic growth (as a nation)

The most wealthy nation has an educated population. An educated population is important in building a nation’s economy. According to studies, countries with the highest literacy rates are more likely to progress human and economic development.

Developing problem-solving skills

The schooling system is structured to teach a person how to develop critical and logical thinking skills. This way, one will be able to make quality decisions. This skill prepares a child for adulthood when significant and insignificant decisions become part of his daily life.

Read: Importance of education in fighting corruption

Other reasons include:

  • It leads to innovations and discoveries
  • It gives confidence
  • It helps to make quality decisions
  • It develops a quality outlook on life
  • It makes you self-dependent
  • It contributes to human development

The points listed above have shown why education is better than money.

Bolarinwa Olajire

A tutor with a demonstrated history of working in the education industry. Skilled in analytical skills. Strong education professional with a M. SC focused in condensed matter. You can follow me on Twitter by clicking on the icon below to ask questions.
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