In modern-day times, almost as a cultural practice, education has been elevated to the level of an initiation rite into the modern world. With formal educational training, people acquire the skills of writing and reading. It is clear that literacy, the ability to read and write, has become a requisite for handling numerous challenges of modern times. As a strategy for ensuring that no child is denied the ability of acquiring formal education, not sending a child to varsity is an unlawful offence in some parts of the world, specifically in the West. In addition, some governments assist their citizens to get formal education by either subsidising the cost or so that it is available at no cost (at the standard level, at least). education
It really is impossible to fit into the present times if one does not go to school. As a result, education is a need, not a luxury. Peoples’ attitude to education in modern-day time appears to suggest, in fidelity to Platonism, that it is better to be expected than to be misleading. The demand for education in several parts of the world is unarguably on daily increase. People make numerous sacrifices to obtain education. Parents are willing to offer all they have in order to see their children through school. Several people travel to overseas countries in order to acquire quality educational training. Acquiring formal education has become one of the greatest priorities is obviously today.
However, despite the vast acceptance formal education has gained all over the world, one of the very significant questions about education that is often not asked is, “What is the relevance of education to practical life? ‘ In other words, to what extent is education helpful in addressing practical life challenges? This question needs to be asked because the expected impacts of education are absent is the life of many educated people. One of the factors that speak very eloquently on this is the fact education has consistently remained incapable to increase the standard of living of various graduates.
That is imperative to comment that education is a means to an end, but not a surface finish in itself. The inference with this is that education is a procedure that causes the making of a product. The process is incomplete without the product. Is it doesn’t product that provides value to the means. The quality of the task can be inferred from the quality of the product. As a means, education is incomplete without the end of the process. This end is the purpose it (education) is designed to provide (under ideal situation). Permit us justify our promise that the expected effects of education are vanished is the life of many educated people by examining a really sensitive aspect of life of qualified people, their finances.
Just how many educated people are truly financially successful? Just about all graduates struggle during life to make ends meet, but for no avail. There are numerous people who graduated from tertiary institutions (even at the top of the class), but who is much below many people with lower educational training (academic intelligence and scholarly ability) than theirs in the ladder of financial success. Perhaps, financial struggles and crises are worse among educated people. Most prepared people struggle all through their working years simply to make ends meet, but for no avail, and end as financial obligations during their retirement.