THE IMPACT OF THE CONTRIBUTION OF EDUCATION TO SOCIOECONOMIC DEVELOPMENT

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ABSTRACT

This study was primarily focused on the Impact of the Contribution of Education to Socioeconomic Development within Uniben. Four research questions were raised to guide the researcher. The design of the study is descriptive survey while the population comprises of consist of all individuals situated in the University of Benin and its environs. The sample size for this study was 100 respondents. The simple random  sampling technique was used to select the sample for this study. Frequency count and simple percentage was used to analyze the research question.

The findings revealed that education has contributed immensely to socio-economic development through increased business activities, skill acquisition and increased per capita income. Furthermore it was concluded that these contributions have impacted the society by raising the standard of living, reducing poverty and reducing unemployment.

It was recommended that government should approve loans and grants to small-medium scale businesses. This will encourage these business strive and develop faster. Government should establish more health centers and create health awareness programs as to help the residents of UNIBEN and its environs be cautious of their health. This will help increase the life expectancy of these individuals.

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