In academic year 1994-1995, just over 200,000 students representing ethnic and racial minority groups graduated from U.S. colleges and universities with a four-year degree. In 2004-2005, that number reached nearly 350,000, representing an annual percentage growth rate of 5.1 percent and a 64 percent increase over the entire 10-year period. The growth rate was fastest for Hispanics, where the 6.4 percent clip led to a near doubling of degrees from 54,000 in 1994-1995 to just over 100,000 in 2004-2005. These growth rates are especially impressive when compared with the rate of growth in bachelor's degrees conferred to White students, which increased an average of 1.3 percent annually during this same time frame. The trends are impressive. However, the gap between White students and students of color has not disappeared. This year's Top 100 analyses focus on the institutions that award the most degrees to students of color. This edition focuses on bachelor's degree recipients, and will examine the graduate degree recipients in July. The Top 100 analyses continue to feature degree production among the four racial/ethnic minority groups--African-Americans, Asian Americans, Hispanics and American Indians--identified within the national data collection system that it employs.