Question

what is the importance of investing in education​

Answer 1

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Investments in education pay off in the form of higher future earnings, and differences in educational attainments explain a significant fraction of the adult variation in wages, incomes, and other outcomes.

Answer 2

Investments in education pay off in the form of higher future earnings, and differences in educational attainments explain a significant fraction of the adult variation in wages, incomes, and other outcomes. But what determines a child's educational success? Most studies point to family background as the primary factor. But why does background matter? While many aspects are no doubt important, research increasingly implicates health as a potentially major factor. The importance of health for education and earnings suggests that if family background affects child health, then poor child health may in turn affect education and future economic status.

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