1. Human Capital Four Factors Of Production Land And Natural Resources Organization/Enterprise Capital AND HUMAN CAPITAL/LABOR Ways To Invest In Human Capital Formally organized education at all three levels On-The-Job training, including apprenticeships Health facilities and services Migration of individuals and families Consumption and Investment Expenditures General and Specific Training

2. WHAT ARE THE DIFFERENCES? Does The Investment Pay Off? WHAT ARE THE DIFFERENCES? Does The Investment Pay Off? High SchoolCollege Grad All Persons 25 to 34 $26,820$44,960 BSMAMD/JDPhD 25 to 34yo45k48k76k62k All Persons56k68k119k93k

3. Diploma OnlyBA Only All Persons 25 to 34 $28,224$48,445 BSMAMD/JDPhD 25 to 34yo48k56k80k83k All Persons59k71k125k100k BSMAMD/JDPhD All Workers59k71k125k100k Men73k88k148k117k Women44k55k88k71k Whites60k72k128k100k Blacks47k58k105k93k Hispanics48k74k82k96k WHAT ARE THE DIFFERENCES? Earnings In 2008 WHAT ARE THE DIFFERENCES? Earnings In 2008 (U.S. Census Bureau 2008)

4. New Jersey ($13,740 ) Vermont ($13,488 ) New York ($12,764 ) Connecticut ($12,519 ) Massachusetts ($12,457 ) Delaware ($11,955 ) Alaska ($11,588 ) Maine ($11,566 ) Rhode Island ($11,306 ) Wyoming ($11,157 ) Ohio ($10,684 ) New Hampshire ($10,473 ) Wisconsin ($10,384 ) Illinois ($10,348 ) Michigan ($10,301 ) New Mexico ($10,172 ) Minnesota ($9,888 ) Maryland ($9,781 ) West Virginia ($9,749 ) Pennsylvania ($9,654 ) Indiana ($9,545 ) Georgia ($9,535 ) Virginia ($9,434 ) Hawaii ($9,340 ) Montana ($9,112 ) Colorado ($8,990 ) Oregon ($8,871 ) Kentucky ($8,775 ) Kansas ($8,596 ) South Carolina ($8,542 ) Nebraska ($8,328 ) Louisiana ($8,273 ) California ($8,237 ) Washington ($8,231 ) Missouri ($8,034 ) Iowa ($8,024 ) North Dakota ($8,011 ) South Dakota ($7,928 ) North Carolina ($7,852 ) Texas ($7,823 ) Florida ($7,668 ) Tennessee ($7,346 ) Alabama ($7,300 ) Nevada ($7,184 ) Idaho ($7,173 ) Oklahoma ($7,087 ) Arkansas ($7,011 ) Mississippi ($6,901 ) Arizona ($5,699 ) Utah ($5,574 ) State Spending (Per Pupil) 2005 Source: Statistical Abstract

5. New Jersey ($13,740 ) Vermont ($13,488 ) New York ($12,764 ) Connecticut ($12,519 ) Massachusetts ($12,457 ) Delaware ($11,955 ) Alaska ($11,588 ) Maine ($11,566 ) Rhode Island ($11,306 ) Wyoming ($11,157 ) Ohio ($10,684 ) New Hampshire ($10,473 ) Wisconsin ($10,384 ) Illinois ($10,348 ) Michigan ($10,301 ) New Mexico ($10,172 ) Minnesota ($9,888 ) SAT SCORES Top And Bottom Ten Iowa (1195) South Dakota (1191) Wisconsin (1183) Illinois (1182) Minnesota (1180) Delaware (999) Florida (998) Texas (992) Georgia (987) South Carolina (986) Missouri ($8,034 ) Iowa ($8,024 ) North Dakota ($8,011 ) South Dakota ($7,928 ) North Carolina ($7,852 ) Texas ($7,823 ) Florida ($7,668 ) Tennessee ($7,346 ) Alabama ($7,300 ) Nevada ($7,184 ) Idaho ($7,173 ) Oklahoma ($7,087 ) Arkansas ($7,011 ) Mississippi ($6,901 ) Arizona ($5,699 ) Utah ($5,574 ) State Spending (Per Pupil) 2005 Source: The College Board

6. New Jersey ($13,740 ) Vermont ($13,488 ) New York ($12,764 ) Connecticut ($12,519 ) Massachusetts ($12,457 ) Delaware ($11,955 ) Alaska ($11,588 ) Maine ($11,566 ) Rhode Island ($11,306 ) Wyoming ($11,157 ) Ohio ($10,684 ) New Hampshire ($10,473 ) Wisconsin ($10,384 ) Illinois ($10,348 ) Michigan ($10,301 ) New Mexico ($10,172 ) Minnesota ($9,888 ) Graduation Ranks Top And Bottom Ten New Jersey (86%) North Dakota (84%) Utah (84%) Nebraska (84%) Minnesota (84%) Mississippi (56%) Florida (55%) Tennessee (55%) Georgia (52%) South Carolina (51%) Missouri ($8,034 ) Iowa ($8,024 ) North Dakota ($8,011 ) South Dakota ($7,928 ) North Carolina ($7,852 ) Texas ($7,823 ) Florida ($7,668 ) Tennessee ($7,346 ) Alabama ($7,300 ) Nevada ($7,184 ) Idaho ($7,173 ) Oklahoma ($7,087 ) Arkansas ($7,011 ) Mississippi ($6,901 ) Arizona ($5,699 ) Utah ($5,574 ) State Spending (Per Pupil) 2005 Source: The College Board