The Relation of Education and Income - A Study Made by the Alpha Kappa Psi Fraternity - For the Year 1926-1927 - Under the Direction of Everett W. Lord - Grand Director of Education and Research - 1928

Sep 21, 2026

Uploaded by Theodora

The text presents a 1928 study titled The Relation of Education and Income, authored under the direction of Everett W. Lord for the Alpha Kappa Psi Fraternity for the year 1926-1927. It includes a contents outline covering the money value of education, earnings of high school and college graduates, outcomes in business administration and professional degrees, effects of private schools and correspondence courses, comparisons of total life earnings, educational costs, and incomes in selected vocations, supported by charts relating median incomes and total life earnings to education.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages22

Reading Time55 min

AccessFree to download

Contents

The Money Value of Education

The First School Group

The Earnings of High School Graduates

Income of College Graduates

Graduates in Business Administration

The Graduate Degrees—A.M. and Ph.D.

The Money Value of Professional Degrees

The Influence of Private Schools and Correspondence Courses

A Comparison of Total Life Earnings

The Cost of Education

Incomes in Selected Vocations

97-84075-13Alpha Kappa Psi. The relation of educationand income [lndianapolis] C1928 COLUMBIA UNIVERSITY LIBRARIESPRESERVATION DIVISION BIBLIOGRAPHIC MICROFORM TARGET ORIGINAL MATERIAL AS FILNED-EXISTING BIBLIOGRAPHIC RECORD | | | | | --- | --- | --- | | 303 | | | | Z
Alpha kappa psi. | | | | Box 254
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direction of Eterett W.Lord...Indianapolis,Alpha kappn
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r2 | | | | | | | RESTRICTIONS ON USE: Reproduclions may not be made without permission tom Columbia University Libraries TECHNICAL MICROFORM DATA 35mmBEDUCTION BATIO: //:/MAGE PLACEMENT:IACA) FILM SIZE: IB I IIB W DATE FILMED:5-7-91 INITIALS: TRACKING\#: 23909 FILMED BY PRESERVATION RESOURCES,BETHLEHEM,PA. THE RELATION OFEDUCATION AND INCOME 30岁2 ×254- | THE RELATION OF
EDUCATION AND INCOME
A Study Made by the
Alpha Kappa Psi Fraternity
For the Year 1926-1927
Under the Direction of
Everett W.Lord
Grand Director of Education andResearch
Ceprighr 1928y Ereret W.Lord | | --- | 六3e t5,1e,173。 TheRelation of Education and Income CONTENTS Page I.The Money Value of Edueation ..........II.The Firat School Group·............5III.The Earnings of High Sehool Graduates .......7IV.Income of Colege Graduates ...........9V.Graduates in Busines Administration ........12VI.The Graduate Degrees—A.M.and Ph.D........15VII.The Money Value of Profesaional Degrees.......17VIII.The Influence of Private Schools and Corespondene Courses 19IX.A Comparison of Total Life Earnings ........22X.The Cost of Edueation..............24XI.Incomes in Selected Vocations ·..........26Charts:Median Ineomes and Total Life Earnings in Relationto Education.····..·..... Published by the Alpha Kappa Psi Fraternity,Ineorporated,NationalProfessional Fraternity in Commerce,1050 North DelawareStreet,Indianapolis,Indiana. Education and Income I.The Money Value of Education WTHEN as a small boy I attended a country school the sehoolmaster stilhad to demonstrate his fitness for this position by the time-honored cus-tom of“mastering”the big boys,either by guile or by foree-moreeommonly the latter.If he failed to show himself their master he was likely togo out through a window and remain permanently on the outside,while theschool agent sought for a suecesor of greater prowess One winter,after two aspirants for the position had in this way tenderedtheir resignations,we learned that the agent,determined to find some onewho could not be so easily ejected,had engaged a teacher who was famed asat onee the hardest hitter and the best mathematician in the country.JohnnyRoyal was afraid of no one;he had been known to subdue many a burly six-footer and to have turned his attention after the briefest of arguments fromthe joys of battle to the sorrows of penitence.He had,indeed,the reputation ofbeing a"master,"and in our school he soon proved his reputation well founded.His rule was disputed;but he did not"resign;"on the eontrary,he tamedthe insurgents so effectually that he not only taught the school to the endof the term but was engaged to return the next winter. In the spring I attended the annual school distriet meeting where theagent presented his report showing how well the year had ended.He praisedMr.Royal for his pugilistic power and his mental attainments and explainedthat he had felt justifed in paying for such abilities a wage previously un-know

FAQs

What is the central claim about education in the opening section?

The narrative links schooling to earning capacity, arguing that education produces measurable money value through higher wages and improved employment outcomes.

What topics are covered in the document’s contents?

It surveys the money value of education across multiple stages and groups: school and graduate earnings, business administration outcomes, advanced degrees, private schools and correspondence courses, life-earnings comparisons, education costs, and incomes in selected vocations.

How does the document support its analysis?

It references charts for median incomes and total life earnings in relation to education, alongside structured sections that examine earnings and economic returns.

Sep 21, 2026

Uploaded by Theodora