Education leads to greater job opportunities, higher income potential, better health and improved relationships. A well-educated population leads to improved economic situations, lower poverty and less public reliance on welfare.
Higher education broadens a person's job opportunities and makes him more valuable to potential employers. The U.S. Bureau of Labor Statistics indicated that the difference in income between the typical high school graduate and four-year college graduate was $457 per week as of 2013. The unemployment rate also dropped from 7.5 percent for high school graduates to 4 percent for those with a bachelor's degree.
More literate and well-educated people recognize the importance of health maintenance and treatment. Plus, people with goods jobs more often have good health benefits, which makes it easier for them to get necessary medical care.
From a global perspective, countries with high literacy rates, such as the United States and Japan, also have relatively high gross domestic products. These countries also have fewer people living in poverty and greater overall economic development.
Personal pride, societal respect and better overall life stability are key intangible benefits of education. A person feels more confident with education, and this confidence contributes to stronger and more stable personal relationships.