Your Money's
Worth
By SYLVIA PORTER
. Cwrifkr. Hill iyniii,,,, Inc.
EDUCATION AND YOUR LIFETIME EARNINGS
If you're planning to be a carpenter, you can count on earn
ing an average of $209,000 during your working lifetime if you
have a high school diploma but only $178,000 if you drop out after
giade school a differential of $31,000.
If you expect to be a plumber, you can count on average life
time earnings of $252,000 if you graduate from high school but
only $222,000 if you quit after elcmentarv school a differential
of $30,000.
Among truck drivers too, the differential in average lifetime
raniings for those with and without a high school education is
marked $212,000 against $189,000. The gap becomes even more
dramatic among plasterers, mine workers, policemen, ranges up
lo $42,000 over the working age years of 18 to 64.
What good is a high school diploma lo an American who is
not going on to college and who is heading for an occupation
where the emphasis is on aptitude and know-how, not on formal
education?
The blunt answer is that employers in virtually all trades to
day prefer high school graduates and are willing to pay for them
and this is what Dr. Herman P. Miller, Special Assistant to the
Director of the U. S. Census Bureau, will say in the Bureau's
Occupational Outlook Quarterly to be published this Friday.
That a college-educated man makes $170,000 more during
Iii s working lifetime than a high school graduate is an impres
sive fact, but it's not surprising. Nor is it surprising that a
doctor, highest paid nf all professionals, makes $100,000 more
than an accountant in a lifetime.
What IS vitally important news is the mounting dollars-and-cents
value of education to workers in just about every trade
ranging from bus driving to hair cutting, from fire fighting to
pipefitling.
"Take a carpenter, for example." says Miller. "With a high
school diploma, he has a better chance to get a regular job with
a big and diversified construction firm. Then, rain or shine, he
works every clay. Unlike the less educated and often also less
trained carpenter, he may he the last to be laid off in slack
times.
"Or take t he busdriver. With a high school diploma, he may
he considered for a job by a nationwide carrier without it,
he may need a little luck to turn the wheels for any firm, often
at lower pay."
Miller's up-lo-dale findings on the money value of education,
based on the llllil) Census, are nf extraordinary importance be
cause, as he says, "There are still many in our society who have
had little exposure to education, disadvantaged people who can
not see how education can help them or !heir children."
Yet, the fact is that in the trades, high school gr- 'rates are
preferred for apprentice training and this, in itself, increases
thp financial benefits of the diploma. The fact is that intensive,
thorough training for skilled occupations easily can be worth
more in the long run than picking up the skills on the job.
The pay dill' -cntials go across the board.
High school-educated craftsmen and foreman can expect to
earn an average $311,000 more in a lifetime than those without
the diploma.
Service workers, including household help, can look forward
lo $34,000 more if they have their high school diploma. Semi
skilled operatives will have an average $24,000 extra with this
education to help them.
Of course, a college degree is a must for most of the profes
sions and even for tlie few professions which do not demand a
college degree, the rinllars-aml-ccnts advantage for the profes
sional man with thp degree is enormous, ran go up In $100,0110
over a lifetime.
Here are the average lifetime earnings tor men by years of
school completed.
Years of school completed Lifetime earnings age lR-til
Less than 8 yrs. $143,000
8 yrs. $184,000
1-3 yrs. high sch. $212,000
4 yrs. high sch. $247,000
1-3 yrs. college $293,000
4 or more yrs. coll. $417.00(1
Seat Belt Tip
Given for Holiday
SALEM (UPI) -Nearly 30 per
cent of the 527 traffic deaths re
corded in Oregon so far this
year involved people thrown
from their cars at the time of
impact, the Traffic Safety Divi
sion said Monday.
Many of these lives would
have been saved by seat belts,
the safety department said.
With pre holiday traffic get
ting heavier every day, the divi
sion suggested an early Christ
mas gift for motorists seat
belts.
Country of Origin Marking on Lumber Goes Before House
WASHINGTON (UPI) - The
Senate Monday approved and
sent lo the House for final ac
tion a bill that would require
Canadian lumber brought into
the United States to be marked
with the country of origin.
Canada has formally express
ed its "deep concern" oyer the
measure in I960 on grounds that
the State Department that it
would consider the requirement
a violation of Canadian - U.S.
trade agreements.
Former President Dwight D
Eisenhower vetoed a similar
maasure in I960 on grounds that
it would violate trade agree
ments, and the State Commerce
and Treasury departments op
posed the marking requirement
in hearings earlier this year.
Cutback Hoped
Supporters of the marking re
quirement hoped it would cut
back Canada's $280 million-a-year
softwood lumber sales to
the United States by making it
possible lo enforce "Buy Amer
lean practices.
The requirement also laid the
necessary groundwork for other
bills which so far have not ad
vanced in Congress to extend
"Buy American" provisions as
they apply to lumber.
The lumber marking provision
was included in a bill which
would require imported prod
ucts to cany a country of origin
label even if they are repack
aged in the United Slates. It
Medford
Grange Notes
Central Point Grange
Friday, Dec. 20, at 8 p.m. the
Central Point Grange will hold
its Christmas party for grangers
and friends. The lecturer, Mrs.
Gaston Floux. is ararnging a
program of children's Christmas
numbers.
A Santa and treats will he
part of the evening's entertain
ment. Members are to furnish
any of the following foods
sandwiches, candy, cookies,
popcorn balls, fruit cake or nuts
for the snack supper.
Preceding the Dec. 6 meeting,
John Patrick, Eagle Point,
showed colored slides and
talked of his trip with the FFA,
to Europe and behind the Iron
Curtain. He lived on farms and
learned about farming in East
ern Europe. Freedom is a fac
tor lacking in these countries,
he said.
The charter was draped in
memory of President John F.
Kennedy. A communication was
read by the secretary from the
National Grange Master Her
schel Newsom, asking subordi
nate Granges to drape their
charters and observe a 30 day
mourning period.
Agriculture Committee Chair
man Arnold Bohnert announced
the annual meeting of the Ore
gon Seed League in Portland
and the State Grange agricul
ture committee meeting in Port
land at the State Grange head
quarters. Delmar Smith quoted
livestock prices.
Home Economics Club Chair
man Mrs. Morris Frink an
nounced coming events of inter
est to the women.
Souvenirs of their recent trip
to Hawaii were exhibited by Mr.
and Mrs. Smith.
Members balloted for s t a t e
Grange officers. Included in
other business. Master James
Comutt announced the chair
man of committees for 1964.
Following the m e e 1 1 n g re
freshments were served by Mr.
and Mrs. Walter Vail, and Mr.
and Mrs. Lester Gordon.
Tribune
SECTION B
MEDFORD, OREGON, TUESDAY, DECEMBER 17, 1903 PAGES 1 to 10
had been tacked nnln the bill
as an amendment in the Senate
and was accepted last week by
a House-Senate conference com
mittee. Canadian "Concerned"
Canadian Ambassador Charles
S. A. Ritchie handed a note to
Deputy Undersecretary of State
Alexis Johnson the day after
the committee action expressing
what a Canadian spokesman
termed "deep concern" over
the measure.
But Ritchie did not indicate
during the State Department
meeting whether Canada might
take retaliatory action.
Canada exported about $280
million worth of softwood lum
ber to the United States last
year, accounting for about IS
per cent of U.S. domestic con
sumption. Lumber industry
spokesmen have said the Cana
dian share of the U.S. market
increased this year.
Add canned apple slices,
chopped fine, to the pancake
batter and bake as usual. Serve
with butter, syrup and a dust
ing nf cinnamon.
"Br
EHEC CHRISTMAS
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, Yes A Beautiful Douglas Fir Christmas Tree
Your choice nf any size, huge or snull
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Many lovely trots to chooso from
This offer is good until December 19
en newt
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Twills in
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Light Green,
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THE PERFECT HOLIDAY MIXER!
A larf A Si 1
wj.M.!i;Hi.!jj-iM.!.M.i.'ii,ma
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GET AN EXTRA CARTON!
LOOK FOR
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mi ,x 3 11
$ I 4
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Just on the light side
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O MFtl-COL (.curt
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BOTTLED BY PtPSI-COLA BOTTLINCi COMPANY OF MEDfOP.D UNDLR APPOINTMENT FROM PtPSI-COLA COMPANY, NEW YORK, N.Y,
i k 4
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