HOUSEHOLD EDUCATION EXPENDITURE AND WELL-BEING IN INDIA: A COMPREHENSIVE COMPARATIVE ANALYSIS

Abstract

In India, educational expenditure by households plays a pivotal role in shaping both individual and familial well-being. "Household Education Expenditure and Well-Being in India: A Comprehensive Comparative Analysis" investigates how spending on education impacts the socio-economic status, quality of life, and overall well-being of families across different income groups, regions, and educational levels. The study employs a comparative approach, analyzing data from various households to explore the correlation between educational spending and well-being metrics such as health, income levels, employment opportunities, and social mobility. The research further delves into the disparities in educational expenditure across different states and socio-economic backgrounds, highlighting the challenges faced by lower-income groups in accessing quality education. By examining the long-term effects of household educational spending, the study provides insights into the broader implications for policy reforms aimed at enhancing educational access and improving well-being outcomes. This analysis contributes to understanding the significance of education as a catalyst for improving household prosperity and reducing inequality. ‎