Education is one of the most transformative tools for advancing economic and social mobility. Access to education and improved literacy skills provides a foundation for economic, health and social well being across the lifespan.
1. Education determines economic security through its impact on a youth’s ability to engage in various income generating activities, diversify her income sources, and promotes innovation.
2. Education provides skills and facilitates attitude changes that can be used to create or take advantage of opportunities.
3. Youth with higher education levels have higher likelihood of transitioning into well-paying jobs.
4. Among those who are employed, education contributes to retention, productivity, and career mobility.
5. Education enables youth and their families to make better nutrition and health decisions and decreases risk-taking behaviors.
According to a 2017 UNESCO report, 263 million children and school-aged youth are out of school, and 103 million lack basic numeracy and literacy skills. The statistics are particularly alarming in resource-limited regions where 2015 figures from UNICEF show that about 124 million school-aged children and adolescents have either never attended school or dropped out before entering secondary school.
At GSDI, our work on education focuses on answering a few key questions to understand the facilitators and barriers to education mobility in resource-limited settings: How do low-income households prepare financially for their children’s education? What strategies have the potential to keep students in school, on task, and motivated? What are alternative pathways for young people to enter into the workforce successfully? For those students who do not make it into higher education, what mechanisms can be employed to encourage them to continue pursuing other viable alternatives to economic security?