Indian Immigrants are getting richer in US!!
A recent study revealed that people from other countries are better educated and earn more than Americans born in America. It turns out that Americans' laziness is slowing down their earnings. indians who are immigrant graduates in the US are getting richer compared to the US-born. A Washington-based Migration Policy Institute (MPI) study found that immigrant graduates earn more than Americans with college degrees.
U.S. have been found to be better off in the STEM , health fields and earn better than U.S.-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 has been found that only 36 percent of those born in America are in these fields.
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.
Yet despite these very favorable outcomes, the study found that one-fifth of immigrant college graduates between the ages of 25-65 were not using their skills. MPI estimates 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 and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital skills also play a role, the study said.