Can education make your family's financial situation better?

Education, especially one obtained from a reputable college and university could give you various career opportunities in the future. This would be a big factor to help your family financially, especially if your family decides that it is best for you to study in a US university or college. If you want to study in an American university, then reading and using sample personal statement essay as a model when writing your own can give you more chances of obtaining admissions. This could also help in a career shift during recession. The question is, could your educational background alone protect you and your family from the effects of recession?