Describe how a country needs educates people for its development?

The role of education in poverty reduction is huge. Some advantages of education are: it boosts economic growth and increases the GDP of a country. It even reduces infant mortality rate, increases human life expectancy. Education is an important investment in a country as there are huge benefits. Education guarantees lifetime income; it promotes peace and reduces drop-out rates from schools and colleges and encourages healthy competition. Many children dropout form colleges as they are not aware of the advantages of college education.Education helps in making the right decisions at the time of conflicts.

What are the statements?