Informal education is a general term used to describe education outside of a standard school setting. According to today's world standard, formal education is highly regarded while informal education is abased. There are no cross cut factors that determine that the former is more important than the later.
By definition, formal education is classroom based-provided by trained teachers. On the other hand, informal education occurs outside the classroom. This could be in after-school or holiday programs, in community based organisations, museums, libraries or at home.
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