Investment In Education as a Means of Economic Development

The paper examines investment in education as a means of economic development. Investment in education is the way by which human capital can be nurtured towards the achievement of global millennium development goals. It is only when a country increases the quantity and quality of human capital availability in a given economy that there can be more hands on deck to bring the country to a desirable economic development. The main vehicle to economic development is investment in education.. Chi-square tested at 5 % level of significance was the statistical tools or technique employed in testing the hypotheses formulated and all the null hypotheses formulated were rejected. It was therefore concluded that investment in education is a means to economic development