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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 5. Logistic Regression Model Within Each Caste

	Beta	SE	OR	95% CI		Sig
Upper Caste (Model 3)
Age	-0.042	0.001	0.959	0.957	0.960	< .001
Education						< .001
Primary
Secondary	-1.368	0.018	0.255	0.246	0.264	< .001
Higher	-2.751	0.030	0.064	0.060	0.068	< .001
Location (Urban)	-2.013	0.023	0.134	0.128	0.140	< .001
Constant	1.651	0.033	5.213			< .001

Scheduled Caste (Model 4)
Age	-0.044	0.001	0.957	0.956	0.959	< .001
Education						< .001
Primary
Secondary	-1.311	0.015	0.270	0.262	0.278	< .001
Higher	-2.397	0.026	0.091	0.087	0.096	< .001
Location (Urban)	-1.852	0.017	0.157	0.152	0.162	< .001
Constant	2.431	0.028	11.375			< .001