The effects of college education on incomes during the past century, changes in the labor market, and the accuracy of future projections are examined. Other areas discussed are why college graduates earn more money than high school graduates, how much more money, and whether the amount earned exceeds the amount spent on their education. (BM)

This report reviews activities of the first year's work of a project whose purpose was to provide information which will assist the Philadelphia School District in making plans for educational programs, staff, and facilities in response to impending changes in occupational job requirements in the Philadelphia area and changes in student needs and…