Public expenditure on education is often considered as one of the most important investments …

„Alongside the provision of healthcare, public expenditure on education is often considered as one of the most important investments that can be made in people. Education has the potential to drive forward socioeconomic development: this is particularly the case in a globalised world, where a highly-skilled workforce can be an advantage in terms of productivity, innovation and competitiveness.“
Eurostat (Hrsg.), Eurostat regional yearbook. 2021 edition (2021), S. 48.