Education is often used as an indicator of a persons socioeconomic status. Historically, the number of years of schooling completed has been recorded in the Census of Population as a measure of education. Critics say that this measure is no longer accurate as a measure of education.
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According to the John D. and Catherine T. MacArthur Research Network on Socioeconomic Status and Health, education, occupational status, and income are the indicators used to reflect socioeconomic status. Race, ethnicity and gender are difficult to quantify, using these variables. Level of education can be determined for most people, whereas comparing people using occupation is more difficult.
It is one of the socioeconomic indicators that is likely to illustrate lifestyle and ...
Evaluation of the value of education in terms of a persons socioeconomic status historically has been reflected by completed schooling but now is being re-evaluated.