Why is Lumina Foundation interested in MSIs?
The overarching goal of Lumina Foundation is to raise the proportion of the U.S. population from the current 39 percent who earn college degrees to 60 percent by the year 2025. To that end, the percentage of people of color in the United States is projected to increase from 31 percent to 40 percent by 2020 and to 50 percent by the year 2015. Given these growth figures, a focus on educational equity is needed to excel both here and abroad. For more than 100 years, Minority Serving Institutions (MSIs) have changed the lives of millions of students for the better by providing access to a college education. More often than not, the students served by MSIs, including Hispanic-Serving Institutions, Historically Black Colleges and Universities and Tribal Colleges and Universities, are individuals who typically face the most significant barriers to higher education. Indeed, MSIs educate more than 2.3 million students, or 13 percent of all enrolled, with the majority being students of color. MS