Increased Lifetime Earnings
Education at every level increases lifetime earnings.
A 2003 review of economic studies by the Federal Reserve Bank of Minneapolis found that preschool can provide "a 12 % annual return, after inflation-that's better than the stock market and other social programs."
Similarly, a 1999 RAND report, "The Public Benefits of Education," held that the positive effects of college education on lifetime earnings hold true regardless of ethnic group or gender.
And every level of academic achievement increases individual earning power.
Without a doubt, education improves individuals' economic prospects.