6 Reasons To Invest In Your Education By Ali Meli

0
53
Ali Meli

Ali Saadat Meli stresses how education directly affects people’s lives and society in general. Thanks to various research works, many economic and social problems derive from low levels of education. The influence exerted by education is so significant that Ali Meli shares the main reasons why it is essential to invest in your education.

If we want our society to progress, it is necessary to invest in education. Why asks Ali Saadat Meli?

  • Education improves people’s standard of living.

Scientific research studies in recent years have shown the benefits of quality education. The formula to prove it is simple: with a higher level of education, you get a higher income level.

Ali Saadat Meli here highlights: Theodore Shultz was the first researcher to point to education as a form of investment, as opposed to those who considered it an expense. His work demonstrated, for the first time, that education leads people to improve their level of income and their level of well-being. His studies earned him the Nobel Prize in Economics in 1979; “Investing in education reports a direct return for people.”

  • Education improves the welfare level of society.

The benefits of education remain in more than just individuals at the individual level. Society as a whole also benefits from a higher level of training. Yes, more training is associated with higher income; people with more training pay more taxes, thus making a more significant contribution to society.

School failure and dropout are obstacles due to their impact on families, well-being, and social cohesion. And the problem also has a direct effect on public funds because the less training, the lower the salary and the lower the consumption.

  • Education is essential in the “learning society.”

Ali Saadat Meli talks about the book “Creating a learning society.” Its author Joseph E. Stiglitz asks the question: what generates growth in a society? And he makes his point: we need to create a “learning society” to achieve economic growth, development, and social progress.

In our society, we cannot afford to stop learning. Education has an essential role. Social evolution today will be the result of how we teach our youth. We are what we are because of our education. For this reason, Ali Meli wants education must reach more people. It must be continued and be in tune with society’s needs.

We must understand education as the heart of progress, forcing us to be demanding. Education must change and incorporate skills and competencies that may not have been necessary at other times but are now essential. Continuous learning is required because people must be prepared for a future that we do not know what it will be like.

  • Education improves non-economic aspects of people’s lives.

Beyond education’s impact on individuals’ economic compensation, Ali Saadat Meli has also detected non-monetary positive effects. These, logically, are more difficult to quantify, but they can be identified and valued through various procedures. Thus, we find the level of education affects aspects such as:

  • The degree to which a person enjoys their work: people with a higher level of training are more satisfied with their work.
  • Education can lead people to make better decisions in aspects related to their health or lifestyle.
  • Education can make people more patient and goal-oriented.
  • Therefore, we are not referring only to benefits at an economic level but also to benefits in quality of life.
  • Investing in education is profitable.

Ali Saadat Meli concludes that the success of investing in early childhood education is superior to other types of investment.

If society invests in early childhood education, it encourages schooling, reduces crime, improves children’s skills. And leads them to higher income levels in their future professional lives. A higher level of income impacts improving the person’s life and contributes with a higher level of taxes to society and therefore generates greater social welfare.

Education directly impacts a person’s income, contributes to the generation of wealth in society, and affects how each person deals with life.

  • Education has no expiration date.

One of the most important reasons that Ali Meli explains is knowledge. Once you buy them, they are yours for life. Learning skills that people depend on gives you the power to earn money and privileges over and above the ones you didn’t bother to train for.

These are powerful enough reasons for Ali Saadat Meli to invest in education efficiently and the need to meet the challenges facing our education system.