Survey Shows High School Seniors Not Prepared for Financial Future
- High school seniors on average answered 52.4% of a 30-question financial survey correctly.
- White students answered an average 55% of the questions correctly vs. 44.7% for blacks and 46.8% for Hispanics.
- Students from families with incomes of $80,000 or greater answered 55.6% of the questions correctly on average vs. 48.5% for those with incomes less than $20,000.
- Nearly 17% of the seniors had taken a money management or personal finance class, down from 20% in 2004.
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Date: 4/5/2006
Applications and Enrollment at Christian Colleges has Increased Over 8 Percent
- Evangelical Christian colleges applications have jumped 8 to 10 percent at the 238 colleges that belong to the North American Association of Christian Admissions Professionals.
- 25% of these schools are barely meeting their budgets.
- Since 1990, enrollment has increased 70 percent, from 135,000 to 230,000, at the 102 evangelical schools that belong to the Council of Christian Colleges and Universities.
- Over the same period, enrollments at all public and private colleges increased by 13 percent and 28 percent, respectively.
- Religious denominations help contain tuition increases through subsidies often ranging from $1 million to $3 million a year
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Date: 3/25/2006
Growth of Hispanic-Owned Businesses Triples the National Average
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 The nearly 1.6 million Hispanic-owned businesses generated nearly $222 billion in revenue, up 19 percent from 1997.
- In 2002, nearly 3-in-10 Hispanic-owned firms operated in construction and other services, such as personal services, and repair and maintenance.
- In 2002, firms owned by people of Mexican origin accounted for more than 44 percent of all Hispanic-owned firms.
- There were 1,510 Hispanic-owned firms with 100 employees or more, generating more than $42 billion in gross receipts.
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Date: 3/21/2006
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