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Hispanic Economy in Transition - Chapter 7 - Education
Hispanic Business Inc, June 2008
Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S.
Hispanic purchasing power has rapidly increased.
This report takes an in depth look at how today’s Hispanic Economy is transitioning into an economic power in the U.S.
Chapter 7- Education
Presents information on the levels of education the U.S. Hispanic market is attaining
Chapter 7: Education
- Native-born Hispanics graduate from high school at nearly twice the rate of foreign-born Hispanics. In 2006, 75.0 percent of native-born Hispanics were high school graduates, compared to 47.8 percent of foreign-born Hispanics.
- Because of the growth in their numbers, the education of Hispanics has emerged as an economic development issue in public policy. At the same time, Hispanics have become prime consumers of such services as vocational training and language tutoring, as well as formal schooling. In the future, the Hispanic market for education will continue to grow as the demographic wave of young Hispanic Americans comes of age.
- Of the 1.44 million bachelor’s degrees conferred in the academic year 2004-05, 101,124 went to Hispanics. Of those, 21.7 percent were in business, 12.2 percent in social science and history, and 7.4 percent in psychology.
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