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Latinos have made great strides in education in recent years, with more enrolling two- and four-year colleges and universities than ever before. However, there is still a significant gap between Latinos and other racial and ethnic minorities in obtaining college degrees.
Education is one of the main determinants of health; the more education you obtain, the better your chances for higher paying jobs, financial stability, upward mobility, and better long-term mental and physical health.
Overall, the economy has rebounded from the mid-2000s economic downturn. However, according to a new report by the Federal Reserve, those households that do not have a college degree are struggling more than ever.
As reported by Reuters, the annual report serves as “temperature check” on the wellbeing of U.S. families. While 70% of those families surveyed said they were “living comfortably” or “doing OK,” which is an improvement of the 62% surveyed in 2013, 40% of respondents with a high school degree or less said they were “struggling” financially.
In order to reduce health disparities, it is critical to address inequities in programs, practices, and policies. Join our site, connect with others, and get involved.
The differences were also felt along racial and ethnic lines, as 51% of white adults said they felt better off than their parents compared to 60% of blacks and 56% of Latinos.
“The survey findings remind us that many American households are struggling financially, including fully 40% of those with a high school diploma or less,” Federal Reserve Board Governor Lael Brainard said in a statement.
Of those responding, 44% also said they would struggle to meet emergency expenses of $400 while 17% of workers and 24% with a high-school education or less said their work schedule was changed by their employer from week to week.
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- The Chan Zuckerberg Initiative has partnered w/@CollegeBoard to improve college access. #SaludAmerica #Education https://goo.gl/YCzMez
By The Numbers
84
percent
of Latino parents support public funding for afterschool programs
