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Comparing people income with college degrees and people without college degrees - Research Paper Example

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Abdelbaki’s study established that the academic qualification of a house head is a determinant of the level of income of that household. The findings imply that level of education of a house…
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Comparing people income with college degrees and people without college degrees
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Download file to see previous pages Carmel, Stanley, Nolan, and Young support this observation and identify a positive correlation between education level and income among individuals (67-77). While Sedat acknowledges a similar relationship between the variables, his study did not identify a significant relationship (62-72), a position that Lin, Gao, Zhuang, and Chen reiterate (n.p.). Wells however identifies a significant relationship between education level and income with economic independence (13-21) and the study seeks to ascertain validity of the proposed relationship.
Academic qualification is one of the determinants in employment and dictates people’s positions. This suggests a relationship with income that also varies with type of job and an individual’s position in an organization. The study proposes to ascertain significance of proposed relationship between education level, whether a person has a degree or not, and level of income.
The study will use data from Infoplease to obtain average income for a person with a degree across years and average income for a person without a degree across respective years. Test of hypothesis for difference between means will then be used to determine existence difference between the two secondary means and a significant difference would mean that education level affect income.
Lin, Jing, et al. “Exploring correlation between education level, income level, and job satisfaction in Gippsland.” Agribusiness Gippsland. N.d. Web. August 21, 2013. < http://agribusinessgippsland.com.au/doc/AGIUoM_Report.pdf >.
Sedat, Gumus. “Investigating the relationship between the quality of education and level of educational attainment in Turkish provinces.” International Journal of Education Reform 21.1 (2012): 62-72.
Wells, Ryan. “Education’s effect on income inequality: A further look.” California Centre for Population Research. N.d. Web. August 21, 2013. ...Download file to see next pagesRead More
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