Education plays a crucial role in overcoming poverty from "summary" of The Economics of Poverty and Discrimination by Bradley R. Schiller
Education is widely recognized as a powerful tool for individuals seeking to escape poverty. By acquiring knowledge and skills through education, individuals can increase their earning potential and improve their overall economic well-being. The link between education and poverty is well-documented, with numerous studies showing that higher levels of education are associated with lower rates of poverty. Education provides individuals with the necessary skills and knowledge to compete in the labor market. In today's knowledge-based economy, employers are increasingly looking for workers with higher levels of education and specialized skills. By investing in their education, individuals can increase their employability and access better-paying jobs. This, in turn, can help lift individuals and their families out of povert...
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