Poverty is a prominent concern from many years which has become the danger for nations and creating many problems for them. Nations cannot be advanced without devoted in education. Education has multifaceted process. At one hand, it upgrade the economic growth and on other hand, it curtails the poverty and to raise the level of productivity. Education is playing a vital role in the mitigation of poverty and in enhancing economic growth. The basic objectives of the research were 1) to explore the difference between the public and private school, colleges and universities education and its impact on employment, 2) to see the effect of education on earnings, decision making power and status of people, 3) to assess the effect of education on poverty and 4) to analysis the ways of how to eradicate poverty.