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"Education plays a crucial role in determining the quality of life through economic returns and subjective well-being. However, almost no previous research has examined how education affects subjective well-being indicators beyond happiness. To address this gap, this study used Ordinary Least Squares and the Ordered Probit technique to investigate the effect of education on happiness, self-acceptance, and family harmony. Using the recent microdata from Statistics Indonesia in 2021 the empirical results reveal that education positively affects happiness, self-acceptance, and family harmony. The effect of education remained statistically significant even after incorporating socioeconomic and individual characteristics such as income, gender, age, marital status, home ownership, household size, area classification, health status, and leisure time. The result of this study highlights that individuals with higher levels of education reported higher happiness, greater self-acceptance, and higher satisfaction with family harmony than those with lower levels of education. Although more than half of the magnitude of the education effect decreases after incorporating socioeconomic and individual characteristics variables, the direct effect of education remained significant on happiness, self-acceptance, and family harmony."

"Pendidikan berkaitan erat dengan pertumbuhan ekonomi sekaligus berperan penting dalam menentukan kualitas sumber daya manusia. Pengaruh pendidikan tidak hanya dapat mengubah status ekonomi, tetapi juga meningkatkan kualitas hidup dalam banyak aspek. Penelitian ini mencoba mengukur pengaruh pendidikan terhadap kebahagiaan, penerimaan diri, dan keharmonisan keluarga dengan membandingkan model spesifikasi terbatas dan model spesifikasi luas menggunakan metode OLS dan regresi probit ordinal. Hanya variabel pendidikan yang digunakan dalam model spesifikasi terbatas untuk diuji pengaruhnya terhadap ketiga variabel dependen. Sementara itu, variabel demografi dan sosial ekonomi seperti pendapatan, jenis kelamin, usia, status perkawinan, jumlah anggota rumah tangga, klasifikasi wilayah, kepemilikan rumah, status kesehatan, dan lama waktu senggang dimasukkan ke dalam model spesifikasi luas. Bukti empiris menggunakan data mikro terbaru dari Badan Pusat Statistik tahun 2021 menunjukkan bahwa pendidikan berkontribusi secara positif dan signifikan terhadap ketiga variabel dependen tersebut. Temuan empiris dalam penelitian ini menunjukkan bahwa orang yang berpendidikan tinggi memiliki tingkat kebahagiaan, penerimaan diri, dan keharmonisan keluarga yang lebih tinggi daripada orang dengan pendidikan lebih rendah.

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Education is inextricably linked to enhancing economic growth and plays a pivotal role in determining the quality of human capital. The effect of education could alter not only the economic status but also improve the quality of life in many aspects. This paper attempts to measure the effect of education on happiness, self-acceptance, and family harmony by comparing the narrow specification model and the broad specification model using OLS and the ordered probit technique. Only education variables were used in the narrow specification model to examine its effect on three dependent variables. Meanwhile, demographic and socioeconomic variables such as income, gender, age, marital status, household size, area classification, home ownership, health status, and leisure time were incorporated into the broad specification model. The empirical evidence using recent microdata from Statistics Indonesia in 2021 demonstrates that education contributes positively and significantly toward the three dependent variables. The findings indicate that highly educated people report higher happiness, self-acceptance, and family harmony than lower-educated people."