Why is Higher Education Important?

Research has shown that investments in higher education can lead to the following positive results.

Private benefits

  • Increased job prospects and earnings
  • Spurs entrepreneurship
  • Increased productivity
  • Adaptability and ability to re-tool with the changing world

Public Benefits

  • Research and Development
  • Increased Foreign Direct Investments
  • Improved social development
  • Increased tax base
  • Poverty reduction
Credit: David E. Bloom, David Canning, Kevin Chan, Dara Lee Luca