Published August 13, 2023 | Version v1
Journal article Open

"Cut the cost of defence and invest more for education" when Self-studying of a student from primary schooling to PhD schooling is an automatic contribution to national and worldwide development without getting money

  • 1. RMIT University

Description

The aim of this opinion relates to self-investment of a student for self-development to satisfy the personal goal aligned with government goal of any country. Every government all over the world has an investment strategy for primary schooling to PhD education. Five years duration of primary education is mandatory for child although 100% child is not going to school in poor or developing countries. Self-earned money relates to being direct financial solvency and financial achievement. Oppositely self-studying is a long-term effort for self-investment. Self-education relates to being an educated person for self-development. Self-studying directly reflects national and worldwide contribution. Self-education reflects society’s contribution and automatically minimizes social crime all over the world. The self-studying has no self-earned money directly. The difference in investment between self-studying and self-earning has been compared. Self-earned money gradually generates financial achievement and self-education enhances self-development to be an educated person. Self-investment of a student from primary schooling to PhD schooling has been assumed. A self-studying student self-finances around 45558AUD during 22 years of academic schooling from primary to PhD degree under very minimum payment in poor or developing countries all over the world. Similarly, a self-studying student invests around 1000100AUD in developed countries. This is a very patient self-financing through self-studying without getting the immediate the reward of a life journey. The financial achievement of a PhD researcher is comparatively very minor in terms of their social contribution.

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