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Caste-based Diminished Returns of Educational Attainment on Wealth Accumulation in India

Open Journal of Educational Research | Vol 4, Issue 5

Table 2. Bivariate Correlations of Education andWealth by Caste

			1	2	3	4
	Upper Caste (n = 133,347)
	1 Age	r	1
		p

	2 Location (Urban)	r	.041^**	1
		p	<0.001

	3 (High Education 1-3)	r	-.259^**	.225^**	1
		p	<0.001	<0.001

	4 Wealth (Low)	r	-.051^**	-.309^**	-.312^**	1
		p	<0.001	0.000	0.000

	Schedule Caste (n = 139,957)
	1 Age	r	1
		p

	2 Location (Urban)	r	.031^**	1
		p	<0.001

	3 (High Education 1-3)	r	-.410^**	.153^**	1
		p	<0.001	<0.001

	4 Wealth (Low)	r	-.038^**	-.347^**	-.292^**	1
		p	<0.001	<0.001	<0.001

Pearson Correlation Test; **p < 0.001