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The Link between education and income

The relationship between education and income Education is defined as the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. In other words, it is the process of achieving knowledge, values, skills, beliefs, and moral habits. Francis Bacon once said that “knowledge is power”. This is still true since higher education is a fundamental part of personal, national and global development. Not only does it shape independent minds, but it is also important for the continued growth of the economy. There…

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