The aim of the paper is to analyse the macroeconomic impact of education on well-being as measured by real gross domestic product in Senegal between 1988 and 2019. The exogenous variables selected are : general secondary education, vocational secondary education, education expenditure, health expenditure and life expectancy at birth. The data are taken from the WDI. A basic Solow augmented human capital model was adopted based on the work of Gebrehiwot 2014. Using Eviews software, the results obtained through the staggered lag autoregressive method (ARDL) showed that general secondary education has a positive impact on economic welfare in both the short and long run, while vocational secondary education has a positive impact in the short run but a negative impact in the long run. Expenditure on education and life expectancy at birth have a positive impact in the short and long run while expenditure on health has a negative impact in the short and long run. The Pesaran et al (2001) cointegration test confirms the existence of a long term relationship between the different series.