This study examined the college enrollment decisions of Black and Latino students, focusing on factors that influenced their decision to attend college. Data from the National Education Longitudinal Study of 1988-1994 were used, namely a sample of 11,879 seniors who completed high school in 1992, including 1,181 Blacks and 1,505 Latinos. The study found that Black students who enrolled in a four-year college were more likely to: be female (62 percent), have come from upper-middle-class backgrounds (36 percent), have parents with some college education (52 percent), have been placed in a college prep program in high school (62 percent), and fall in the third quartile of standardized tests (33 percent), than their peers. Unlike Blacks, Latinos who enrolled in a four-year college were slightly more likely to be male (53 percent) and to be from low-income backgrounds (30 percent), and were about equally as likely to have parents with educational levels no higher than high school or some college (38 percent and 37 percent) and to fall into the two highest test quartiles (34 percent and 33 percent respectively). High school preparation and the availability of financial aid also had a significant influence on the college enrollment decisions of both groups. An appendix describes the operationalization of the variables.(Contains 59 references.) (MDM)