Event Title

What Influences Incomes

Poster Number

030

Presenter Information

Nicolas ArresteFollow

Faculty Mentor

Laura Ullrich, Ph.D.

College

College of Business Administration

Department

Department of Accounting, Finance, and Economics

Location

Richardson Ballroom (DIGS)

Start Date

20-4-2018 2:15 PM

End Date

20-4-2018 2:15 PM

Description

In most cases, college tuitions are expensive and lead to massive loans for college students. Student loan debt reached around $1.3 trillion in 2017. Will the amount of money students put into their educations give them good return on their investments? The objective of this paper is to examine the effect of education on income. To analyze the correlation between education and income, several statistical tests will be used. The hypothesis of this paper is that the level of income depends on education, but not exclusively. To test this hypothesis, independent variables such as median age of citizens in each state, types of degree obtained, or races/ethnicities of people who obtained degrees will be analyzed. Those variables will be used to determine if the amount of income depends on factors other than education level.

Previously Presented/Performed?

Fourth Annual Showcase of Undergraduate Research and Creative Endeavors (SOURCE), Winthrop University, April 2018

Course Assignment

ECON 306 – Ullrich

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Apr 20th, 2:15 PM Apr 20th, 2:15 PM

What Influences Incomes

Richardson Ballroom (DIGS)

In most cases, college tuitions are expensive and lead to massive loans for college students. Student loan debt reached around $1.3 trillion in 2017. Will the amount of money students put into their educations give them good return on their investments? The objective of this paper is to examine the effect of education on income. To analyze the correlation between education and income, several statistical tests will be used. The hypothesis of this paper is that the level of income depends on education, but not exclusively. To test this hypothesis, independent variables such as median age of citizens in each state, types of degree obtained, or races/ethnicities of people who obtained degrees will be analyzed. Those variables will be used to determine if the amount of income depends on factors other than education level.