Report: $1 Billion Needed to Improve Hispanic Institutions
Hispanic-serving institutions received only $87 in federal funding per Latinx student in 2019, compared to $1,642 historically Black colleges and universities received for each of their students, according to a Center for American Progress study. And it would take an additional $1 billion in funding just to bring HSIs’ funding level up to half that of HBCUs.
Increasing funding for HSIs is particularly important at a time when enrollment by Latinx students is rising rapidly and faster than their growth in the U.S. population, wrote Viviann Anguiano, the progressive group’s associate director for postsecondary education, and Marissa Navarro, special assistant for postsecondary education.
Colleges are defined as HSIs if they are degree-granting, accredited, public or private nonprofit institutions that enroll at least 25 percent full-time-equivalent Latinx undergraduate students.