This paper presents the findings of some recent research on the social and the economic benefits of female education and considers the pathways through which women's schooling leads to social gains. Women account for roughly half the world's population, perform two-thirds of the hours worked, receive one-tenth of the world's income, and have less than one hundredth of the world's property registered in their names. Female deprivation is particularly acute in the developing countries with high levels of poverty, though in affluent nations women also suffer low status due to conservative attitudes. Keywords: Education, Socio-Economic Development, Global Governance, Female Deprivation, Gender Imbalances