A wave of initiatives has sprouted across the U.S. to serve the country's rapidly growing Hispanic workforce. A key pillar is the over 600 Hispanic-serving institutions, known as HSIs, working to fuel Hispanic students' ambitions.

"HSIs are vital to the future competitiveness of the workforce in the country and our global economy," Dr. Antonio Flores, president of the Hispanic Association of Colleges and Universities, says on this episode of The University Business Podcast. "The public needs to understand how important HSIs are for the future well-being of the nation."

Between 2020 and 2030, the Department of Labor projects 78% of all new U.S. workers will be Hispanic, making up one out of every five workers by the end of the decade. But without proper student support measures, this emerging population will lack the appropriate guidance to reach the highest echelons of the U.S. economy, Flores says.