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Factors of Educational Attainment

Abstract

The following research has been conducted in order to establish both the economic and statistical significance of certain factors that affect the percentage of those who hold a bachelor’s degree by age 25. We look at what demographics are/are not important when predicting who will obtain a bachelor’s degree by age 25, and list some options we think would increase the percentage of those who hold a bachelor’s degree, based on our research. We stipulate that increasing the percent of the population holding a degree will better prepare people for success and a higher standard of living in our rapidly changing economy. To test our hypothesis, we have estimated an equation and run regressions on our data from which we can draw insight about where we ought to focus our efforts in education policy

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