Final answer:
Education provides personal and social benefits by improving social placement, increasing income levels, and contributing to individual and economic development.
Step-by-step explanation:
Getting an education offers several personal benefits. Firstly, it provides upward social mobility by allowing individuals to improve their social placement. Higher education, such as college and graduate schools, can lead to careers that offer financial freedom and security. Additionally, studies have shown that there is a widening gap in personal incomes between those with a college degree and those who have only finished high school. Furthermore, education contributes to the overall development of individuals and the economy, as it provides both private benefits and broader social benefits.