Sumario: | High-quality education that translates into better and more relevant skills pays off for individuals, communities and societies in significant and diverse ways. It leads to higher earnings, increased productivity, innovation and sustained economic growth. Beyond these economic outcomes, high-quality education also generates a wide range of social returns. Better-educated individuals live longer and healthier lives. They become more engaged citizens and are more likely to take action for collective well-being. Sustained high-quality education supports communities in proactively addressing emerging challenges, such as climate change but also making the most of new opportunities, such as the digital transformation. This chapter provides an overview of the broader social outcomes of education. Such returns span a continuum, from private benefits (e.g. better health, better opportunities for ones children) to societal ones, as private benefits translate into positive externalities and collective benefits. The social outcomes of education can thus be considered as an outcome in themselves or as a crucial channel towards better economic outcomes.
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