Final revision for final paper

Final revision for final paper - Joyce Wong Professor...

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Joyce Wong Professor Henriquez LTNS 415 19 December 2011 Latinos in Higher Education: From Low Income to Low College Completion Rate 1 . Abstract Being crowned as a knowledge-based economy, United States has always been emphasizing the importance of education . Nevertheless, Latinos, as the largest minority comprising 15 percent of the U . S . Population, lags every other population group in attaining college degrees, especially bachelor’s degrees . What causes Latino’s low college completion rate? This paper explains that the recurring pattern is due to the low household income level of Latino students and the lower than average financial aid awarded to them . To explore the relationship between income levels (including the amount of financial aids awarded) of Latino students and their college completion rate, this paper will employ a wide array of quantitative data extracted from different informational sources . This paper is built up from the comparison of household income as well as receipt of financial aid between the Latinos and other ethnic groups . Since the level of Latinos’ household income is beyond the control of any education-related policies, attention will be diverted to examining the factors which affect the amount of financial aid awarded to Latino students . Consequently, this paper provides series of evidence for illustrating how the Latino students’ household incomes and financial aid in combination will exert detrimental effect to
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their college completion rate . 2 . Introduction Despite U . S . is highly dependent on the fast-growing Latino population for the generation of future workforce, Latino students have been in the face of a very low graduation rate compared to other ethnic groups . This has drawn a great attention from different parties in society, expressing their concerns regarding such deplorable social phenomenon . They have also acknowledged that without an educated diverse workforce, U . S . will soon lose its competitive advantage in the era of globalization . As a matter of fact, the Latino population is amongst one of the low-income groups in U . S . ; however, their low-income status does not translate to them qualifying for a higher amount of financial aid . Facing the constraint of inadequate financial support, a lot of Latinos are forced to enroll in two-year institutions that charge substantially less than the four-year institutions which award bachelor degrees; and in order to make ends meet, they usually shift their orientation from studying to working for an income . When all these factors work intricately, they do exhibit a detrimental effect to Latinos’ college completion progress . This paper is based on an assumption that college education is a normal good, just like other goods and services which people normally consume . When real income rises, students' demand for education will increase - more students will seek for a higher attainment of
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Final revision for final paper - Joyce Wong Professor...

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