Dream of College Thrives in Hispanic Community, Survey Shows

A college education for their children is part of the American Dream for 95% of Hispanic parents. - - Donna Poisl

by Patricia Marroquin--HispanicBusiness.com

Hispanic Americans are strongly committed to achieving the American dream of a college education, a new nationwide survey by OppenheimerFunds shows. But in a troubled economy, that goal is "under siege," as only a small percentage are able to save up to make the dream a reality.

"College Within Reach," a survey sponsored by OppenheimerFunds Inc., was conducted by phone in February. A polling firm interviewed 958 non-Hispanic U.S. parents of pre-college-age children, in addition to a separate sample of 325 Hispanic families.

Of those Hispanics polled, nearly all -- 95 percent -- said they view sending their children to college as an "essential part of the American dream," on par with homeownership and a comfortable retirement.
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