Paradox of Educational Attainment and Income. African Day Celebration 2022

Activity: Talk or presentationInvited talk

Description

Academic literature and anecdotal evidence suggest a significant positive relationship between education and poverty via the income channel. However, our findings suggest otherwise. We find that as a group, Africans living in Scotland are highly educated. Specifically, 93% of the respondents have either a graduate or a postgraduate degree. However, this high level of educational attainments does not translate to quality employment and wealth accumulation. However, about 81.39% earned between £0-£26,000 per annum and only about 15.31% earned £27,000 and £54,000 and 3% earned above £55,000 at the end of March 2020. Evidence from our empirical data analysis reveals a statistically significant negative relationship between income and educational attainment in our datasets. Therefore, we reject the null hypothesis of a positive impact. The result indicates that getting an additional academic qualification will lead to a loss in income on average, holding all the other variables in the model constant.
Period28 May 2022
Event titleAfrican Day Celebration
Event typeOther
LocationGlasgow, United KingdomShow on map
Degree of RecognitionNational

Keywords

  • Educational Attainment
  • Poverty
  • Income