Income and Education. 1991199219931994199519961997199819992000200120022003 Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461.

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Presentation transcript:

Income and Education

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Why is it that men are making more money than women? * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Why is it that men are making more money than women? * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Which group went up the most from 1991 to 2003? 15, ,591= 1,870 * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Which group went up the most from 1991 to 2003? + $1,870 + $385 + $3,412 + $4,898 + $1,040 + $1,714 + $3,693 + $2, % + 1 % + 7 % + 9% + 13 % + 12 % + 13 % + 5% * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Why should a male with a lower education make more than a woman with higher education? * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Question: Why is it that the amount sometimes goes down and then goes back up? * in 2003 dollars

Less than 9th 13,59113,32913,65813,90314,05214,21113,89414,16814,93415,09415,16615,47715,461 High School (or GED) 28,37827,81127,30627,48628,00728,96629,09129,91430,01129,35429,45328,15728,763 Bachelors Degree 47,50447,21346,97847,51646,79646,25447,94451,56152,19952,42651,94351,75950,916 Masters Degree 56,80056,91257,16257,25758,82558,37060,03762,87165,33563,80564,38762,22461,698 Less than 9th 8,2568,1428,1248,4298,5068,4938,5788,9199,1199,1299,1939,1709,296 High School (or GED) 14,24814,00713,90113,98414,43914,82715,32315,53816,17316,18616,27916,33815,962 Bachelors Degree 27,61628,76028,14628,73628,84629,40730,17430,89831,48132,49232,18631,49331,309 Masters Degree 39,18038,76439,35039,37340,16638,87431,01041,57543,83543,38842,34041,87741,334 Observation: The more education you have, the higher your income will be. * in 2003 dollars