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Education of Immigrants - 7/16/15

The face of immigration is changing in America.  Labor economists Borjas and Katz argue that immigration between nineteen eighty and two thousand had its largest and most negative economic impacts on high school dropouts in the U.S. because many of the immigrants during that period were themselves predominantly high school dropouts. 

In other words, the immigrants of that two decade era were on average not particularly educated, tended to be employed in low-wage positions, thereby increasing competition among those Americans who had been holding those positions.  The story is much different today.  According to the U.S. Census Bureau, as of the year two thousand, sixty one percent of the total stock of foreign born U.S. residents over the age of twenty five possessed a high school degree or less. 

But by twenty thirteen, only forty one percent of new immigrants coming into the country had a high school degree or less.  In short, as indicated by Moody’s Analytics, immigrants have grown more educated over time and today are more likely than the existing U.S. population to possess more than a high school education.  The share of immigrants coming from Asia has also been on the rise.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.