This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

More Than 800,000 California Latinos Will Be Turned Away From Overcrowded Community Colleges, New Report Finds

LOS ANGELES, May 17, 2013 (GLOBE NEWSWIRE) -- Demand for vocational and career education is skyrocketing among California's growing Latino population, but the state's overcrowded community colleges will not have room for 840,000 Latino students over a decade, a new study has found.

The demand for a community college education will grow by more than 28 percent among California's Latino population over roughly 10 years, from 2008 to 2019, while demand among the state's white and African American residents will decline, according to the report. The result: Latinos will disproportionately bear the brunt of budget cuts and overcrowded classrooms in the community college system.

The study found that, more than any other group, Latinos will be denied the skills training they need to qualify for high-paying jobs and will lose billions of dollars in personal income. In Los Angeles County and Orange County alone, according to the report, more than 400,000 Latino students will be crowded out of community college classrooms over a decade. Collectively, they will lose almost $9 billion in foregone personal income.

The report, "Left Out, Left Behind: How the Workforce Training Gap Impacts the Latino Population in Los Angeles and Orange Counties," was based on research conducted by Encina Advisors LLC, a Sacramento-based economic consultancy, and was commissioned by Corinthian Colleges Inc., which is based in Santa Ana and is one of the largest post-secondary career education organizations in North America.

"California's economy suffers when we do not make career education and skills training available to every person who can benefit from it," said Steven Lindauer, National Director, Education & Workforce Development, Corinthian Colleges, Inc. "Private career colleges want to work with community colleges around the state to close this 'skills gap.' It's imperative for all Californians, especially Latinos, that we address this problem."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs