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The results show that as a whole Asian American families have higher median incomes than White families.However, this is because in most cases, the typical Asian American family tends to have more members who are working than the typical White family.
On the surface, it may sound rather benign and even flattering to be described in those terms.
However, we need to take a much closer look at these numbers.
In contrast, returns on each additional year of education for a Japanese American is only $438. Recent research from scholars such as Timothy Fong, Roderick Harrison, and Paul Ong, to name just a few, continues to confirm these findings that controlling for other variables, Asian Americans still earn less money than Whites with virtually equal qualifications.
Once again, for each statistic that suggests everything is picture-perfect for Asian Americans, there is another that proves otherwise.
Asian Americans seem to have done so well that magazines such as proclaim us to be the "model minority." They point to statistics like this and say how well Asian Americans are doing in society and that we've overcome past instances of prejudice and discrimination without resorting to political or violent confrontations with Whites.
Further, our success should serve as an example for other racial/ethnic minority groups to follow in their own quest to overcome barriers in their way to achieving the American dream.For every Chinese American or South Asian who has a college degree, the same number of Southeast Asians are still struggling to adapt to their lives in the U. For example, as shown in the tables in the Socioeconomic Statistics & Demographics article, Vietnamese Americans only have a college degree attainment rate of 20%, less than half the rate for other Asian American ethnic groups.The rates for Laotians, Cambodians, and Hmong are even lower at less than 10%.The only reason why many Korean small business owners are able to make a small profit is that they have no paid employees and work 20 hours a day.Another point is that even despite the real successes we've achieved, Asian Americans are still significantly underrepresented in positions of political leadership at the local, regional, state, and federal levels (despite the successes of a few individuals such as Norman Mineta and Elaine Chao) -- just like Blacks, Latinos, and American Indians.Anyone who has lived in New York City (yours truly included) can attest to just how expensive it is to live in these cities.Therefore, Asian Americans may earn more but they also have to spend more to survive.Using this measure, research consistently shows that for each additional year of education attained, Whites earn another 2.That is, beyond a high school degree, a White with 4 more years of education (equivalent to a college degree) can expect to earn 88 per year in salary. What this means is that basically, a typical Asian American has to get more years of education just to make the same amount of money that a typical White makes with less education.These numbers tell you that among the five major racial/ethnic groups in the U.S., Asian Americans have the highest college degree attainment rate, rates of having an advanced degree (professional or Ph.