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Discussion Draft Regaining an Educational Advantage Investing in the Philippines Economic Future But much more troubling than lagging enrollment rates and completion levels is that students do not.

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It helps people become better citizens, get a better-paid job, shows the difference between good and bad. Education shows us the importance of hard work and, at the same time, helps us grow and develop. Thus, we are able to shape a better society to live in by knowing and respecting rights, laws, and regulations.

Most of the studies cited estimate returns to education using the coefficient estimated when the logarithm of individual earnings is regressed on years of schooling and other variables that influence productivity. The private average global rate of return is around 9 percent and has been stable for decades.

Our vision is to ensure that everyone can achieve her or his full potential with access to a quality education and lifelong learning. To reach this, we are helping countries build foundational skills like literacy, numeracy, and socioemotional skills – the building blocks for all other learning.

Today, there is agreement that education, independent of innate ability, helps spur innovation and technology, and it contributes to productivity and economic growth. A key element in this process is that education is important to adopt the technology that produces innovation.

College-educated workers enjoy a substantial earnings premium. On an annual basis, median earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.

Students might still require loans for living expenses and related costs, but it certainly would amount to less. A 2020 study by the American Enterprise Institute estimated that free college would reduce new borrowing by $177 billion between 2020 and 2030, a reduction of 15% over the otherwise projected amount.

Why Is Education Considered an Economic Good? Education tends to raise productivity and creativity, as well as stimulate entrepreneurship and technological breakthroughs. All of these factors lead to greater output and economic growth.

Some 63 million children of primary school age were out of school in 2016 and progress on primary school enrollment remains flat. Most impacted are the world's poorest countries, where the lack of basic education is a hard constraint on development. In Niger, for example, just 36.5% of 15- to 20-year-olds are literate.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232