DIFFERENCE

As about knowledge and education talk there is not much difference between knowledge and education as both are correlated to each other. In fact one leads to another. The primary difference between these two words is that: Education is formal process whereas Knowledge is informal experience. Education is acquired through the formal institutions like starting from schools, then after colleges and then universities but as you see about knowledge is gained from the real life experiences. Hence education is a process of gaining knowledge for some useful application whereas knowledge is facts acquired from good education, peers, consultations and extensive reading.
Another difference between the two is that education is taught by the teachers to the students while knowledge is gained by itself or is self driven. Education is a process of learning and one comes to know various facts, ideas and theories. While on other hand knowledge is the application of these facts and theories. There are no set guidelines for it. Education has a predefined set of rules, regulations and curriculum whereas knowledge has no such boundaries. It can come from teacher, parents, friends, painful moments of life, joyous moments, children etc. Hence it is not taught but acquired by self efforts.
Both knowledge and education are synonyms but still has a borderline difference between them. Knowledge is gained from life experiences and age while education is learned from the books and may never be experienced. Knowledge is related to facts whereas education is related to learning, critical thinking and knowing oneself. Education grows with age whereas knowledge has no such growth rate, even a child can be more knowledgeable than an adult. One has to follow a system to be educated whereas knowledge can be gained without following any such systems.
Lastly the difference between knowledge and education is that knowledge is a noun which is gained through experience and education. It is about understanding a particular fact or an event. It includes the raw information, understanding the matter and developing ones skills related to the matter having appropriate resources. One can have medical, scientific or commercial knowledge whereas education cannot be defines into small spheres, it is on the whole a complete system with facts related to age group and a person. It is rather more specific and defined.
Hence, education helps in imparting ones culture and tradition from one generation to another. It helps an individual to realize the self potential and talents. It is related to different fields of learning and teaching such as computer science, sociology, linguistic etc. Many theories are linked with education psychology. Knowledge helps these traditions to grow for the betterment of society and not the selfish motto. We can distinguish between the good and bad and follow the customs selflessly.