Education As An Investment: 12 Great Reasons To Keep In Mind
Education isn’t just about acquiring knowledge. It’s an investment in yourself with high returns. It can certainly help you earn more money or get a better job. But did you know that it can also improve your health, both mentally and physically? So, put down the coffee and join in as we explore a few reasons you should invest in education. Many of us crossroadsfeedandseed.com misunderstand the phrase “education as an investment.” It involves more than just spending your money; you also need to squeeze in the time, energy, right skills, and willpower to get a good return on investment in education. Here, we will discuss the impact and importance of education as an investment and the risks associated with it. Let’s get started, shall we?
Impact of Education as an Investment
Did you know the World Bank reported that every additional year of schooling can increase your income by 10%? Think of education as an investment, as it brings wide-ranging returns. It helps you develop your thinking, communication, and problem-solving abilities — all of which are essential for success in any career path you choose. One study by the U.S. Bureau of Labor Statistics suggests that the unemployment rate for those with bachelor’s degrees was 2.2% compared to 3.6% for those with a high school diploma. Needless to say, education as an investment can inspire you to a healthier life.
Top 5 Reasons Why Education is an Investment
Education as an investment is the best decision you can make. It’s not just about reading books uncountable times! It’s more about getting into the world of possibilities. Here are 12 rational reasons why investing in education is a must. From expanding your horizons and fueling innovation to bridging gaps and boosting economies, education offers unparalleled returns. So why wait? Let’s dive into the reasons why we invest in education for a brighter future!
1. Higher Earning Potential
The fact that the hiring norm has changed from stressing “qualification” to focusing more on “skill” does not change the fact that educational qualification is still important. Investing in education is still one of the best-proven ways of getting better and higher salaries. Earning a degree in any subject translates into having deeper knowledge and expertise in the desired field as compared to someone who doesn’t have one.
2. Networking Opportunities
Educational institutions are built-in professional networks. Your classmates may become future colleagues, and professors can be your mentors. Universities and colleges usually have strong alumni networks that offer career resources and networking events. As we have also entered a new dawn to realise the greatest benefits education can provide, there’s more to capitalise on. Focus on improving connecting with people using networking tips and tricks.
3. Unbreakable Work Ethics
We all have unknowingly mastered the concept of “work ethics” even before landing our first job. How? The early traces of learning and understanding of “work ethics” come directly from our school and college days, with education as an investment backing you up. Whether writing a difficult essay topic, adhering to serious assignment deadlines, or giving a presentation in front of the class, most of us have displayed some traits of work ethics like communication, punctuality, organisational skills, and productivity in the four walls of our classroom
4. Personal Development
It is popularly believed that “to invest in education is to invest for a better you.” In other words, education as an investment is always a great asset and a huge shaper to your personality development and self-growth. For years, education has helped people use appropriate knowledge to help solve and navigate through different complex problems. It is safe to think of education as an investment to realise the importance of personal development and enhance your skill growth.
5. Better Career Prospects
Are you looking to make a career switch? Or want to upskill in your career? Then investing in education can be your best option. Getting a degree can be a great pathway to transition into higher responsibility roles like administration or leadership. For instance, many professionals take up MBA programmes to upskill and improve their career prospects. Nowadays, certain jobs also require candidates to have a certain level of education or educational degree, which can increase their chances of getting a high-paying position