Why to go for formal education

School education imparts formal education only and it does not prepare children for any occupation. So why to go for formal education?
Potential employers remain hunting for soft targets. They find children more pliable and still further children do not expect high wages and it means more savings for the employers. Children have supple fingers more suitable for work in many crafts. Owners of the cottage industry can’t afford to give huge pay packets to the workers, so they employ young children to ensure the very survival of their industry.

Child labor is an unfortunate and ugly manifestation of economic compulsion. Sociocultural perceptions also give impetus to it. Elites think in a strange manner and argue that if poor children get education it would lead to an increase in unemployment and harm social and political order. Our policy-makers do not think that mass education is altogether essential for modernization. They like to pump more money into elite institutions to produce western type educated classes. If more money is spent on the education of the poor elite group will suffer. Even our so-called broad-minded people do not want the poor to come up and be at par with them socially and economically.