MDM4U
Table of Contents:
Introduction………………………………………………………………………………………………….1
Hypothesis …………………………………………………………………………………………………..1
Education Attainment…………………………………………………………………………………..2
Education and Gender………………………………………………………………………………….3
Mean Income for People 15 and Over-Graphs…………………………………………..4-6
Mean Income for People 15 and Over-Analysis……………………………………………7
Mean Income and Education Attainment-Graphs……………………………………8-11
Mean Income and Education Attainment-Analysis…………………………………12-13
Salary Brackets by Education Attainment-Graphs………………………………….14-15
References……………………………………………………………………………………………….16
Introduction: During the early 20th century to the late 20th century, the USA experienced a large increase in education attainment. By the end of the 20th century, the labor force had attained on average 13 years of schooling compared to the 8 years of those working in 1940. Also the Per Capita income almost doubled from $14,810 in 1967 to $28,181 in 2012. Researchers in the US have been trying to comprehend if the increase in incomes that they today, was a result of education attainment boom in the early 20th century, or whether other factors contributed to the rise in both education and income.
Hypothesis:
There’s a strong correlation between someone’s education level and their personal income. The higher the education level, the higher the income.
Education Attainment:
In general, the US is like many other industrialized countries with most of the population have completed secondary education and post-secondary graduates are more than secondary dropouts. Americans are staying in school far more than ever before. The chart below shows the increase in length of schooling that people 25 and over in the US.
Throughout the last half of the 20th century, more and more Americans were not only completing secondary school but also enrolling in post-secondary institutions. From 1940 to 2012 the average number of people with at least 1 year of
Introduction………………………………………………………………………………………………….1
Hypothesis …………………………………………………………………………………………………..1
Education Attainment…………………………………………………………………………………..2
Education and Gender………………………………………………………………………………….3
Mean Income for People 15 and Over-Graphs…………………………………………..4-6
Mean Income for People 15 and Over-Analysis……………………………………………7
Mean Income and Education Attainment-Graphs……………………………………8-11
Mean Income and Education Attainment-Analysis…………………………………12-13
Salary Brackets by Education Attainment-Graphs………………………………….14-15
References……………………………………………………………………………………………….16
Introduction: During the early 20th century to the late 20th century, the USA experienced a large increase in education attainment. By the end of the 20th century, the labor force had attained on average 13 years of schooling compared to the 8 years of those working in 1940. Also the Per Capita income almost doubled from $14,810 in 1967 to $28,181 in 2012. Researchers in the US have been trying to comprehend if the increase in incomes that they today, was a result of education attainment boom in the early 20th century, or whether other factors contributed to the rise in both education and income.
Hypothesis:
There’s a strong correlation between someone’s education level and their personal income. The higher the education level, the higher the income.
Education Attainment:
In general, the US is like many other industrialized countries with most of the population have completed secondary education and post-secondary graduates are more than secondary dropouts. Americans are staying in school far more than ever before. The chart below shows the increase in length of schooling that people 25 and over in the US.
Throughout the last half of the 20th century, more and more Americans were not only completing secondary school but also enrolling in post-secondary institutions. From 1940 to 2012 the average number of people with at least 1 year of