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Benefits of Education
There are two ways in which benefits are mainly classified:
1. Direct benefits
2. Indirect benefits
Both of these can accrue in the context of private as well as social benefits. Further, the benefits can either be in monetary or non monetary terms. The latter are in fact referred to as returns from education.
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Situation is where a luxury is there. There is the snob appeal possibility where the higher the price, the more desired the commodity it. Often people will drive expensive cars, e
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