UN SDG #4 Quality Education UN SDG #4
UN SDG #10 Reduced Inequality UN SDG #10

challenge

2 shares

Using Tech to Invest in Education

Globally, we – governments, private sector, families, individuals – spend more than $5.6 trillion a year on education and training. Countries spend 5 percent of GDP on education or 20 percent of their national budget. Education employs about five percent of the labor force. Global average cost per child for full course of schooling, including pre-primary education is 5,806.6 USD.

challenge

2 shares

Using Tech to Invest in Education

Globally, we – governments, private sector, families, individuals – spend more than $5.6 trillion a year on education and training. Countries spend 5 percent of GDP on education or 20 percent of their national budget. Education employs about five percent of the labor force. Global average cost per child for full course of schooling, including pre-primary education is 5,806.6 USD.
326M
people impacted
$627.3B
potential funding
the problem
Nature and Context

There is a definite economic loss of developing countries due to the lack of population with secondary education. The value of human capital – the share of human capital in total wealth – is 62 percent.  That’s four times the value of produced capital and 15 times the value of natural capital, meaning countries lose out economically when they don't invest in education.

Symptoms and Causes
the impact
Negative Effects
Economic Impact
Success Metrics
who benefits from solving this problem
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financial insights
Current Funding
Potential Solution Funding
ideas
Ideas Description
Ideas Value Proposition
Ideas Sustainability
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