Using data from the December, 1977, Anchorage Urban Observatory program, the study hypothesizes a relationship between education and income using Scattergrams in-between the two variables for different Alaskan working class characteristics to be studied (i.e., employers, employees, occupation, race and sex) and finding the coefficient of correlation in education and income. The stated importance of the investigation of education, income and Alaska Natives is to encourage the school systems and to motivate young individuals for more schooling. Findings include: professional work carries the highest status and brings in the most money; occupations vary greatly in the amount of formal schooling required; white persons make more money because they are white regardless of job, although a significant finding for Alaska Natives is the strong relationship between education and earnings which would urge more education for Natives in order to compete with whites, thus receiving the maximum benefit out of their education. The fourth finding reveals the value of education has a more indirect impact on women who do not work, than those who do work. Charts and graphs of findings are included in the appendices. (ERB)