Goal 1: Eradicate extreme poverty and hunger
Education can help lift people out of poverty
An education opens doors to jobs and credit. One year of schooling can increase a person's earnings by 10%; each additional year of schooling can lift average annual GDP by 0.37%. Greater equity in education can help fuel a virtuous cycle of increased growth and accelerated poverty reduction, with benefits for the poor and for society as a whole.
Education equips people with the knowledge and skills they need to increase income and expand employment opportunities. When education is broadly shared and reaches the poor, women and marginalized groups, it holds out the prospect that economic growth will be broadly shared. On the other hand, poverty pushes children out of school and into work because parents cannot afford to educate their children.