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Private benefits are benefits accruing from investment in education to the individual.
Examples of private benefits involve: private benefits are grouped into 2; namely direct and
indirect benefits.
Direct benefits include
- Security employment
- Increased lifetime earning
- Promotion in one’s place of work
- Opportunity for further learning
Indirect benefit include
- Ability to read and write,
- Ability to converse in a foreign language,
- Enhanced social status/prestige, psychological satisfaction for having achieved an
ambition in life; increased ability to make useful contributions in the society.
NatalieR answered the question on June 17, 2022 at 11:44
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