Hispanic-Serving Institutions with the Highest Payoff

Earnings data shows religious schools and universities in Florida and California top the list

Taylor Nichols

Written By: Taylor Nichols

Published: 9/15/2022

The rapidly growing U.S. Hispanic population of over 62 million people is the second-largest ethnic group in America, accounting for 19% of the country’s population. Hispanic-serving institutions (HSIs) play a critical role for the robust Hispanic and Latino communities across the United States. To qualify as an HSI, at least 25% of a school's enrolled student body must identify as Hispanic or Latino.

In the 2020-21 school year, more than 550 schools qualified as HSIs, representing 18% of all colleges and universities in the U.S. These schools educated two-thirds of Latino college students in 29 states, the District of Columbia, and Puerto Rico.

To highlight the top colleges with the highest payoff for Latino students, we looked at which HSIs serve higher rates of Hispanic undergraduate students where alumni earn higher median salaries compared to other bachelor's graduates in their state. We found that a handful of universities in Florida and California offered higher earnings for graduates. Six religious schools, including four Catholic universities, also offered higher payoffs for alumni.

The Top HSIs with the Highest Payoff

Institution Percent of Students who are Hispanic Median Salary State Median Salary for a Bachelor's Degree Payoff

St. Thomas University

Florida

52.80% $52,159 $42,242

$9,917

Florida International University

Florida

66.68% $48,886 $42,242

$6,644

College of Mount Saint Vincent

New York

42.22% $57,439 $53,976

$3,463

Arizona State University - West Campus

Arizona

34.90% $50,364 $46,912

$3,452

California Lutheran University

California

34.03% $57,227 $53,976

$3,252

California State Polytechnic University-Pomona

California

45.57% $57,016 $53,976

$3,041

University of Houston

Texas

35.17% $54,482 $51,534

$2,948

Mount Saint Mary's University

California

59.73% $56,172 $53,976

$2,196

Trinity International University - Florida

Florida

45.14% $43,396 $42,242

$1,153

University of St Thomas

Texas

45.53% $52,370 $51,534

$836

Source: Equitable Value Explorer

Methodology

Data was sourced from the Postsecondary Value Commission using their Equitable Value Explorer tool. Our study included all Hispanic-Serving Institutions, which typically need to serve a student body that is at least 25% Hispanic or Latino. We filtered to schools with at least 33% Hispanic students according to data from the Postsecondary Value Commission to highlight colleges that serve a higher rate of Hispanic and Latino students. Federal data was used to filter for schools where at least 50% of students enrolled were undergraduate students in the 2020-21 school year.

Median salary data for colleges and universities comes from the Equitable Value Explorer for graduates 10 years after initially enrolling. The state median salary for a bachelor's degree is estimated based on data from the American Community Survey, sourced from the Equitable Value Explorer data tool.

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