Education is an essential element and a surviving tool. A good education does an impact on our life as it leads to great job, good social, high salary and a good stable life. However, an education does more than benefiting oneself but contributing to the society. Education makes you wiser so that you can make the right decisions and it affects understanding of the differences between right and wrong because educated person truly aware of the consequences of illegal and wrong doings as well as less likely to be easily influenced. Being an educated person make you a useful member of the society and allows you to engage in change and development effectively. The major effect it has on is contributing to economic growth of the country as the higher the literacy rate, the better economic prosperity of a nation. Put it briefly, as increases in income, the spending power rises accordingly. One of the world’s major commercial hubs and most developed country in Asia, Singapore, is recognized for its excellent education system and its system is among the most highly regarded in the world.