Updated: Jan 19, 2021
We believe that ensuring quality education for all is not only central to the achievement of all of the Global Goals but in particular the goal to end extreme poverty.
Access to high-quality primary education and supporting child well-being is a globally-recognized solution to the cycle of poverty. This is, in part, because it also addresses many of the other issues can keep communities vulnerable.
We have a bold vision: healthy, educated, and empowered children so they can achieve the goal of breaking the cycle of poverty.
Like a tree, poverty has many roots. But among the many causes of global poverty, one factor stands out: education. Not every person without an education is living in extreme poverty. But most of those living in extreme poverty do lack a basic education. Those living below the poverty line will also be more likely to keep their children out of school, which means that their children will also have a greater chance of living in poverty.
Below are some of the most compelling data that illustrate these links.
1.Education reduces poverty
171 million people could be lifted out of extreme poverty if all children left school with basic reading skills. That’s equivalent to a 12% drop in the world total.
Absolute poverty could be reduced by 30% from learning improvements outlined by the Education Commission.
2.Education increases individual earnings
Education increases earnings by roughly 10% per each additional year of schooling.
For each $1 invested in an additional year of schooling earnings increase by $5 in low-income countries and $2.5 in lower-middle income countries.
3.Education reduces economic inequalities
If workers from poor and rich backgrounds received the same education, disparity between the two in working poverty could decrease by 39%.
4.Education promotes economic growth
Educational attainment explains about half of the difference in growth rates between East Asia and Sub-Saharan Africa between 1965 and 2010.
In 2050, GDP per capita in low-income countries would be almost 70% lower than it would be if all children were learning.
Increasing tertiary attainment by one year on average would increase sub-Saharan Africa’s long-term GDP by 16%.
5. Education helps save the planet*
*What does that have to do with poverty? Hear us out…
Overall climate change and the resulting increased frequency of natural disasters and reduced agricultural output could cast as many as 122 million people into poverty by 2030.
The creation of green industries will rely on high-skilled, educated workers.
Agriculture contributes 1/3 of all greenhouse gas emissions. Primary and secondary education can provide future farmers with critical knowledge about sustainability challenges in agriculture.
Since education is so connected to many of the ways we can end extreme poverty, it’s also an element that we integrate into a several areas of our workLet's continue to build a world they deserve. DONATE TODAY!