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Annual Mean Income, Lifetime Income, and Educational Attainment of Men in the United States, for Selected Years, 1956 to 1966

Report Number P60-56
Component ID: #ti905670534

Introduction

This report presents educational attainment and income data for selected years from 1956 to 1966 assembled from information collected in the Current Population Survey.1 Included in the report are annual mean income and estimates of expected lifetime income for men by educational category and age class, standardized estimates of 1966 annual mean income, and an analysis of the income figures with special emphasis on both the past and prospective income changes for men with common birth periods or cohorts, e.g., those born between 1922 and 1931. Other information in this report includes an examination of the assumptions and procedures used to prepare lifetime income estimates, definitions and explanations of terms, sources of data, and selected references pertaining to lifetime income. Some of the selected references, such as the article of B. F. Kiker, "The Historical Roots of the Concept of Human Capital," contain bibliographies useful in studying the concepts and developments associated with the subject of lifetime income.

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1 Educational attainment estimates in this report are limited to men with income and accordingly differ slightly from general education statistics relating to all men which are presented in table 6.

Component ID: #ti702095047

A Note on Language

Census statistics date back to 1790 and reflect the growth and change of the United States. Past census reports contain some terms that today’s readers may consider obsolete and inappropriate. As part of our goal to be open and transparent with the public, we are improving access to all Census Bureau original publications and statistics, which serve as a guide to the nation's history.

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