The Evening Missourian. [volume] (Columbia, Mo.) 1917-1920, 1918-01-15
DOES EDUCATION PAY?

VI IICoAuCAbSy PSA NSNS ~ ~-~0
members of Congress, AZ per cent of
the speakers of the House, 81 per
cent of the Vice-Presidents, 62 per
cent of the Secretaries of State, so
per cent of the Secretaries of the
Treasury, 81 per cent of the Attorneys
General and 50 per cent of the JUS
tices of the Supreme Court.
These are some of the statistics
given in a new bulletin, Money
Value of Education" issued by the
Bureau of Education at Washington.
d. c. And coming from the Govern
ment, this information can be relied
on as authoritative. Comparative
figures are given for high school and
public school education as we'll.
Most of it is rather startling Uni
versity students in looking at this in
formation can see why the Govern
ment has been urging all students in
universities and colleges to remain
in school
This bulletin shows that it pays in
dollars and cents to continue an edu-
cation. In New York school children
who left school at the age of IA were
earning $6SS a year on an average,
when they were 25 years old. Those
who left at the age of IS were earn
ing S1,55O at the age of 25. Those
who left school at IA to go to work
earned $5,1125O in eleven years, that
is by the time they were 25; those
who left at IS, who had four years
more of schooling, earned s7,337.5O
in the seven years till they were 25
years old. At 25 years of age, the
better educated boys were receiving
1862 more salary year and had re-
ceived a total of s2,250 more for the
seven years of work than those who
left at IA had received for IL years
of work
In 1899 Massachusetts gave her cit
liens seven years of schooling The
United States as a whole gave her
citizens four and four-tenths years
of schooling. Tennessee gave her
citizens three years. In 1899 the cit
liens of Massachusetts produces per
capita $3.50 a year. Citizens of the
United States produced per capita
$40 a year. Citizens of Tennessee
produced per capita $3.50 a year. The
direct effects of education are shown
in these figures.
Massachusetts spent $13,SS9,S3S or
$3S.55 a pupil on education. Ten
nessee spent s1,62S,313 or Sass a
pupil during the same year. That
year Massachusetts citizens produced
on the average $144 each more than
did Tennessee citizens, or a total of
S403, 1863, ,S24 more than Tennessee
Massachusetts gave $4,000, 900 more
for education and her better educated
citizens produced $4O3, 100000 more a
year. Here education is shown to be
the best paying investment for the
state.
In the year considered by the
Bureau. there were 40,7S2,007 people |
in the United States over 21 years of |
age. There were 100000 with no
schooling and only 81 of these at
tanned distinction. Out of 100000 |
with elementary schooling, only sos |
attained distinction. Out of 100000 |
with high school education, 1,245 at
tanned distinction. Out of 100000 |
with college education, 5,76S attained |
This means that the child with no
schooling has one chance in 100000
of performing distinguished service;
the child with elementary education
has four times the chance of the child
with no education; the youth with
high school education has eighty
seven times the chance of the child
with no education; and the man with
q college education has eight hundred
times the chance of the child with
no education.
Information is given to show that
every day in school pays the child SO.
laborers earn on the
average $500 a year for 40 years,
total of $4,000. High school grad
yates earn on the average $1,000 a
year for 40 years, total of $4,000.
This education required IL years of
school of 1S0 days each, a total of
.160 days in school. If 2,160 days
in school add $4,000 to the income
for life, then each day in school adds
1925. The child that stays out of
school to earn less than 50 day is
osing money, not making it.
THRIFT STAMPS AS GIFTS
This is my birthday. Instead Of