Education

10 Reasons Why Education Is Better Than Money

Is education better than money? I know you are here to acquire some knowledge regarding this debate topic. Education is important, likewise money. But for debate’s sake, you must 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.

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, 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 education is better

Education can be likened to a light that illuminates whenever darkness is looming. It is preferable to have the keys (education) in your hand that can open any form of doors for you than to just have 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 educated parents know what to do and where to go when their children face challenges like health.

Stability and financial security: One’s level of educational attainment can sometimes determine what a person will earn. And that is why a person’s income is often linked to academic achievement. 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 choices become part of 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.

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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