Sunday, December 22, 2024

Indian immigrants are getting richer

The Washington-based Migration Policy Institute (MPI) study found that immigrant graduates earned more than Americans with college degrees

PRAVASISAMWAD.COM

A recent study, reported indiaherald.co, revealed that people from other countries were better educated and earned more than Americans born in America. Indians who are immigrant graduates in the US are getting richer compared to the US-born. The Washington-based Migration Policy Institute (MPI) study found that immigrant graduates earned more than Americans with college degrees.

The US has been found to be better off in the STEM, health fields and earn better than US-borns with college degrees. The study found that 60 percent of immigrant college graduates had at least a master’s degree, compared to just 53 percent of American-born college graduates. Fifty-one percent of immigrants’ degrees were found to be concentrated in high-demand stem health fields. It was found that only 36 percent of those born in America are in these fields.

  • The study found that one-fifth of immigrant college graduates between the ages of 25-65 were not using their skills. MPI estimated that nearly two million college-educated immigrants in the U.S. worked in jobs requiring no more than a high school degree and were unemployed as of 2019.

  • This result is a result of low level of English proficiency, licensing barriers, limited social professional networks, etc. Immigrants’ literacy numeracy also played a role

Yet two-thirds of immigrants in the Program for the International Assessment of Adult Competencies (PIAAC) sample obtained their highest degree in the United States. It is for this reason that the average monthly earnings of immigrant college graduates are higher than those of American-born graduates. While the US-born earned $6500, immigrant students who attended the same college had a $7140 higher monthly income.

Despite these very favourable outcomes, the study found that one-fifth of immigrant college graduates between the ages of 25-65 were not using their skills. MPI estimated that nearly two million college-educated immigrants in the U.S. worked in jobs requiring no more than a high school degree and were unemployed as of 2019.

This result is a result of low level of English proficiency, licensing barriers, limited social professional networks, etc. Immigrants’ literacy numeracy also played a role, the study said.

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Tirthankar Ghosh
Tirthankar Ghosh
Tirthankar Ghosh is a senior journalist and presently Managing Editor, Newsline Publications. He has also been writing for well over 15 years for the New York-based Air Cargo News Flying Typers.

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