Education is seen as a vital tool for bringing about technological advancement: societal and nation building. Education has proved to be life, long instrument for socio-economic and political changes.
The world is now becoming a global community and in the age of science and technology. To achieve this, the nation are known to invest tremendously in the education of the citizen. Thus, it has become conventional to talk about investment in education because it is the level of education that determines the extent to which a society is developed.
Education could be obtained informally at home. Hence, the system of education that calls the home for more investment is the one obtained formally at school which form the basis of this article.
The term investment in education means expenditure on education and training in organizing institution known as “school”. The need for investment in education is more obvious from the fact that a child born into a society is expected to play his role effectively by contributing to the society he live in.
Education prepare the individual’s mind in that he may be internally consistent and harmonious with himself, thus developing the right type of personality required for living in a society. Furthermore, the future is most uncertain and it has to be planned for, so that it may be better than the past and the present. Education therefore equips individual’s knowledge and skill which make them fit in various work of life such as engineering, law, accountancy, medicines, architecture, etc.
Therefore bringing about useful changes in the society. Thus failure to invest in education will bring about death of various types of human resources. Without it, material resource cannot be productively utilized.
Hence, the need for investment in education become paramount in the society as it can improve the citizens on existing technology which is what our society needs.
Finally, for our society to change from healthy tradition society it required very large dose of strategic human resources. Invest now on education of your children because the amount invested in education brings greater dividends.