A record seven-in-ten (69%) Hispanic high school graduates in the class of 2012 enrolled in college that fall, two percentage points higher than the rate (67%) among their white counterparts, according to a Pew Research Center analysis of new data from the U.S. Census Bureau. This milestone is the result of a long-term increase in Hispanic college-going that accelerated with the onset of the recession in 2008 (Fry and Lopez, 2012). The rate among white high school graduates, by contrast, has declined slightly since 2008. The positive trends in Hispanic educational indicators also extend to high school. The most recent available data show that in 2011 only 14% of Hispanic 16- to 24-year-olds were high school dropouts, half the level in 2000 (28%). Starting from a much lower base, the high school dropout rate among whites also declined during that period (from 7% in 2000 to 5% in 2011), but did not fall by as much. Despite the narrowing of some of these long-standing educational attainment gaps, Hispanics continue to lag whites in a number of key higher education measures. Young Hispanic college students are less likely than their white counterparts to enroll in a four-year college (56% versus 72%), they are less likely to attend a selective college, less likely to be enrolled in college full time, and less likely to complete a bachelor's degree. It is possible that the rise in high school completion and college enrollment by Latino youths has been driven, at least in part, by their declining fortunes in the job market. Since the onset of the recession at the end of 2007, unemployment among Latinos ages 16 to 24 has gone up by seven percentage points, compared with a five percentage point rise among white youths. With jobs harder to find, more Latino youths may have chosen to stay in school longer. Another factor, however, could be the importance that Latino families place on a college education. According to a 2009 Pew Hispanic Center survey, 88% of Latinos ages 16 and older agreed that a college degree is necessary to get ahead in life today (Pew Hispanic Center, 2009). By contrast, a separate 2009 survey of all Americans ages 16 and older found that fewer (74%) said the same (Pew Research Social & Demographic Trends, 2009).