At Lochan & Co, we see education as a driver of growth and development. It is one of the strongest means for reducing poverty and improving health, gender equality, peace, and stability. Developing economies have made tremendous headway in getting children into the classroom and primary school entrance has seen unprecedented expansion.
Education has large, consistent returns in terms of income and counters widening inequality. For individuals, it promotes employment, earnings, health, and poverty reduction. For societies, it drives long-term economic growth, spurs innovation, strengthens institutions, and fosters social cohesion.
The majority of children worldwide are now in school and the number of years of schooling completed by the average adult in the developing world has more than tripled in recent decades, from two years in 1950 to more than seven years in 2010
Mounting evidence shows that the skills acquired in school are what drive growth and equip individuals for work and life. Without learning, education fails to deliver fully on its promise as a central driver of poverty elimination and shared prosperity. Schooling without learning is not just a wasted opportunity, but an injustice to the children who need it most. To ensure proper delivery of learning, the leading international institutes have the following objectives:
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