Hindu Americans Rank Top in Education, Income

Discussion in 'Religion & Culture' started by santosh10, Dec 6, 2014.

  1. santosh10

    santosh10 Senior Member Senior Member

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    Hindu-Americans Rank Top in Education, Income

    [//gdb.voanews.eu/F933EFE8-AC4F-48EB-AEBB-60F7844CBE57.jpg]

    Hindu-Americans have the highest socioeconomic levels among all religions in the United States, according to a new study by the Pew Research Center's Forum on Religion and Public Life.

    Experts say U.S. immigration policy is the main reason Hindus do so well.

    Both the 1965 Immigration Act and the more recent H1-B visa program set the table for Hindus to succeed. The former encouraged the immigration of professionals, particularly doctors and engineers, while the latter was designed to encourage the immigration of highly skilled guest workers.

    The number of H1-B visas issued to Indians grew steadily in the late 1990s and early 2000s and then spiked again in 2007. In 2011, according to the study, India accounted for more than half of all the H1-B visas granted.

    The education capital of this group is phenomenal, said Khyati Joshi, an associate professor at the Fairleigh Dickinson School of Education in Teaneck, New Jersey.

    The Pew study, titled “Asian Americans: A Mosaic of Faiths, bears that out, and the numbers are staggering.

    Eighty-five percent of Hindu-Americans are college graduates, and 57 percent have some postgraduate education, which is nearly five times the national average.

    Education levels largely correlate to income, and there as well, Hindus rank at the top of the list.

    According to the study, 48 percent of Hindu-American households have an income of $100,000 or more, and 70 percent make at least $75,000.
    :ranger:

    Another, secondary driver for the success of Hindus can be traced back to India's caste system, according to Prema Kurien, a professor of sociology and the director of the Asian/Asian American Studies Program at Syracuse University in New York.

    Hindu migrants to the U.S. are largely from upper caste backgrounds, she said. Upper castes have had a long history of socioeconomic and educational advantage in India. :ranger:

    According to Alan Cooperman, the associate director for research for the study, the success of Hindus stems from the type of person that chooses to leave India and who the U.S. admits. This, he said, is quite different from other immigrant groups, where there are often high numbers of refugees or undocumented immigrants.

    This is the first time anybody has had good data on [Hindus], said Cooperman. “Hindus are a fascinating group.

    [voanews.com/content/hinds_most_educated_highest_earning_religion/1449355.html]

    [voanews.com/content/hinds_most_educated_highest_earning_religion/1449355.html]
     
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  3. santosh10

    santosh10 Senior Member Senior Member

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    Indians account for 20% of Britain’s ultra-rich club
    June 19, 2012

    Super-rich Indians account for more than 20% of the wealth of ultra-high net worth (UHNW) individuals in Britain, a new list showed on Tuesday. As a national group, they are second only to expat Russians. :ranger:

    The list, published by the Singapore-based Wealth-X group, places steel magnate and ArcelorMittal chairman Lakshmi Mittal at second place with a fortune of $15.8 billion. Mittal was pushed to the second spot this year by Russian Alisher Burkhanovich Usmanov, who is part owner of the English football club Arsenal and is worth $16.4 billion.

    “Mittal has seen his net worth estimate decline along with the stock price of ArcelorMittal, losing at least $30 billion in recent years,” the report said.

    The two other Indians on the top 15 list are the Hinduja brothers — Srichand at number 9 with a net worth of $7.6 billion and Gopichand at 12th with $6 billion.

    Taken together, the wealth of the three Indian-origin industrialists makes up 22% of the top 15 total of $133.3 billion.

    Apart from Usmanov, the two other Russians in the list include Roman Abramovich (at number 3, $12.1 billion) and Leonard Blavatnik (Number 5, $9.5 billion).

    According to Wealth-X estimates, there are 10,760 individuals residents in Britain worth $30 million or more, with at least 310 new individuals joining the ranks of the ultra wealthy. On an average, Britain has added one UHNW individual every day since 2011. The combined wealth of the UHNW in Britain stands at an estimated $1.3 trillion.

    “The wealth composition of the United Kingdom, London in particular, is diverse,” said David Lincoln, Director of Research at Wealth-X. “This is reflected in our data showing that 31% of the UHNW population in the United Kingdom is considered non-domiciled, with non-resident Indians and West AsianUHNWIs making up a significant proportion of these.”

    [hindustantimes.com/news-feed/chunk-ht-ui-businesssectionpage-corporate/indians-account-for-22-of-britain-s-ultra-rich-club/article1-875096.aspx#sthash.sFkQCOHH.dpuf]Indians account for 22% of Britain’s ultra-rich club - Hindustan Times]



     
    Last edited: Mar 29, 2015
  4. santosh10

    santosh10 Senior Member Senior Member

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    Indian-Americans top in income and education

    WASHINGTON: Indian Americans are the highest-income and best-educated people in the United States and the third largest among Asian Americans who have surpassed Latinos as the fastest-growing racial group, according to a new survey.

    Asians as a whole too are better educated and earn more than the general US population, according to the Pew Research Centre report on "The rose of Asian Americans" released Tuesday.

    Indians, who now number 3.18 millions, the third largest after the Chinese (4 million) and the Filipinos (3.4 million) have a median household annual income of $88,000, much higher than for all Asians ($66,000) and all US households ($49,800). :ranger:

    Median annual personal earnings for Indian-American full-time, year-round workers are $65,000, significantly higher than for all Asian Americans ($48,000) as well as for all US adults ($40,000).

    Seven-in-ten (70 per cent) Indian Americans ages 25 and older, have obtained at least a bachelor's degree; this is higher than the Asian-American share (49 per cent) and much higher than the national share (28 per cent), the survey found.

    More than half of Indian Americans (57 per cent) own a home, compared with 58 percent of Asian Americans overall and 65 percent of the US population overall.

    The share of adult Indian Americans who live in poverty is 9 per cent, lower than the rate for all Asian Americans (12 per cent) as well as the national rate (13 per cent).

    Indian Americans stand out from most other US Asian groups in the personal importance they place on parenting; 78 per cent of Indian Americans say being a good parent is one of the most important things to them personally.

    Indian Americans are among the most likely to say that the strength of family ties is better in their country of origin (69 per cent) than in the US (8 per cent).

    Compared with other US Asian groups, Indian Americans are the most likely to identify with the Democratic Party; 65 per cent are Democrats or lean to the Democrats, 18 per cent are Republican or lean to the Republicans, the Pew Survey found.

    And 65 per cent of Indian Americans approve of President Barack Obama's job performance, while 22 per cent disapprove.

    Key Findings:

    Indian Americans are more evenly spread out than other Asian Americans. About 24 per cent of adult Indian Americans live in the West, compared with 47 per cent of Asian Americans and 23 per cent of the US population overall.

    More than three-in-ten (31 per cent) Indian Americans live in the Northeast, 29 per cent live in the South, and the rest (17 per cent) live in the Midwest.

    Nearly nine-in-ten (87 per cent) adult Indian Americans in the United States are foreign born, compared with about 74 per cent of adult Asian Americans and 16 percent of the adult US population overall.

    More than half of Indian-American adults are US citizens (56 per cent), lower than the share among overall adult Asian population (70 per cent) as well as the national share (91 per cent).

    More than three-quarters of Indian Americans (76 per cent) speak English proficiently, compared with 63 per cent of all Asian Americans and 90 per cent of the US population overall.

    The median age of adult Indian Americans is 37, lower than for adult Asian Americans (41) and the national median (45).

    More than seven-in-ten (71 per cent) adult Indian Americans are married, a share significantly higher than for all Asian Americans (59 per cent) and for the nation (51 per cent).

    The share of unmarried mothers was much lower among Indian Americans (2.3 per cent) than among all Asian Americans (15 per cent) and the population overall (37 per cent).:ranger:

     
  5. santosh10

    santosh10 Senior Member Senior Member

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    [youtube.com/watch?v=SXHoSfUjfEE]


    Indian Migrants 'killing' Americans/British :ranger:

    => [youtube.com/watch?v=SXHoSfUjfEE]
     
  6. santosh10

    santosh10 Senior Member Senior Member

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    America’s Wealthiest Religions?

    If you click on the image above, it will enlarge and you’ll see information broken down by several religious groups such as Jewish, Christian (divided into several groups), Buddhist, Mormon, Muslim etc. You’ll notice that Sikhism is not one of them (not sure why?). There are five income brackets (Less than $30,000 to $100,000+) listed and numbers signifying what percentage of each religious group falling into which income bracket.

    43% and 46% of Hindus and Jews, respectively, fell into the $100,000+ income bracket while 8% and 9% of Christians (Historically Black Churches) and Jehovah’s Witnesses, respectively, fell into this same income bracket. Interestingly, Buddhists look to have the most equal distribution for each income bracket. :ranger:

     
  7. santosh10

    santosh10 Senior Member Senior Member

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    Indian MBA students world’s most academically distinguished

    BANGALORE: It is students from IIM-Bangalore, not from Harvard or Stanford or even MIT, who excel at GMAT, the entrance test for the creme de la creme of B-schools across the world.

    According to the QS Global 200 Business Schools report, Indian MBA candidates are the world's most academically distinguished, with students of the IIM-B, scoring the highest average of 780. :tup: IIM-B students are ahead of the leading US institution Stanford and INSEAD in Europe, the survey said.

    While the average GMAT score of Stanford is 730, INSEAD lies at 704. Second to IIM-B students in GMAT score are their counterparts from IIM, Ahmedabad with 767. :india:


    The survey says, "IIM Ahmedabad is notable for the extraordinarily high average GMAT scores of its students, with its figure of 767 exceeded only by fellow Indian institution, IIM Bangalore (780). This places the two ahead of any North American or European school for the academic quality of their student intake. The fact that students enrolled at both schools have an average of just two years of professional experience underlines the tendency for academically gifted students to move quickly on to the MBA qualification at the outset of their careers, rather than using it to up-skill at mid career, as is more common in Europe and North America."

    IIM-B also appears in the survey as one of the emerging global business schools across the world, overtaking Melbourne Business School.

    "It is the testimony to high quality talent that our country has. It is no surprise that Indian students have outscored others from across the globe. What is needed now is the establishment of premier institutes like Harvard and Stanford in India as well, so that these young minds could express their intelligence in best possible manner. This is possible only when full autonomy is provided to the universities," said T V Mohandas Pai, chairman, Manipal Global Education Services.

    "At the time of independence, our universities at Mumbai, Chennai, Calcutta, Mysore and Baroda were among the top 200 in the world. Today, they do not fare in any ranking at all. This is the result of bad government policy. Full autonomy, independent board of governors and focus on research are the factors crucial for a good university," said Pai.

    The colleges were also judged on different subjects under their programme. In corporate social responsibility, IIM-B ranked 21 among the top 50 business colleges across the globe, whereas IIM-A grabbed 19th rank. :coffee:

    When it comes to emphasis on start-ups and small businesses to kick-start private sector growth ( entrepreneurship), IIM-B ranked 25 and IIM-A ranked 17. Under 'innovation', IIM-B was placed at 17th with a score of 90.6, whereas IIM-A ranked 13, with a score of 97.4 out of 100.

    QS is an online and offline meeting place for aspiring managers, B-schools and businesses for career and educational -related decisions.

    Many leaders in India

    For the leadership development programme, four colleges from India feature among top 50 universities. They are: IIM-A, IIM-B, IIM-C and Indian School of Business (ISB).:tup:

    Highlights of the survey

    Schools ranked for employer reputation in 10 subject specializations. Harvard tops the table in three subjects, ahead of Stanford and MIT with two apiece. Wharton is number one for finance

    Three Asian schools make the Elite global category: INSEAD Singapore, IIM-A and NUS Business School, National University of Singapore

    No Elite Global schools in either Africa and Middle East, or Latin America :facepalm:

    Indian MBA students world’s most academically distinguished: Survey - The Times of India

     
  8. santosh10

    santosh10 Senior Member Senior Member

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    How Immigration Has Impoverished Britain:

    75% of Pakistani and Bangladeshi Children Live in Poverty

    Claims that immigration is economically beneficial for Britain have been destroyed by news that three-quarters of Pakistani and Bangladeshi children in the UK are being brought up in families that are living on poverty-level income. :ranger:

    The report, issued by Millennium Cohort Study, which is tracking children born between 2000 and 2002, has found that 73 per cent of the Pakistani and Bangladeshi seven-year olds were in families estimated to be living on less than 60 per cent of the average national household income.

    Just over half of the black children (51 percent) in the Millennium cohort were in such low-income families, compared with one in four white (26 percent) and Indian (25percent) children, said an official press release.

    Predictably, low income was strongly linked to joblessness among parents, say researchers at the Institute of Education, University of London, who collected information from almost 14,000 families in England, Scotland, Wales and Northern Ireland in 2008/9.

    According to the report, among fathers, Pakistanis and Bangladeshis had the highest unemployment rate (15 percent) well above the UK average of 6 per cent. Unemployment among black fathers was also high (11 percent) but Indians were less likely to be unemployed (4 percent) than whites (5.5 percent).

    Almost two-thirds (64 percent) of white and Indian mothers had jobs :thumb:, compared with half (52 percent) of black mothers and only 17 per cent of Pakistani and Bangladeshi mothers.

    A much higher proportion of children in lone-parent families (63 percent) were living below the study's poverty line than those with married (16percent) or cohabiting (30 percent) parents. :facepalm:

    The incidence of income poverty for the Millennium cohort families has not changed appreciably over the first seven years of the children's lives, says Professor Heather Joshi, the study's director.

    Despite government efforts to eradicate child poverty almost three in 10 children are still in poor families at age 7. It's particularly disappointing that around one in five seven-year-olds is in severe poverty on incomes below half the national average.

    The findings appear in a report published today by the Institute of Education's Centre for Longitudinal Studies: Millennium Cohort Study, Fourth Survey: A User's Guide to Initial Findings. Copies of the report can be downloaded here.


    =>
     
  9. santosh10

    santosh10 Senior Member Senior Member

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    Indian Americans

    its simple that a nation is made by its people, who may develop new technologies and improve the existing ones. nothing came from sky and nothing will ever come from sky, and we need those people who may make the nation proud from their knowledge/talent/ performance.

    Indian migrants are those who pay very high tax as they fall in very high income bracket, least dependent on the Welfare and the least crime rate is registered from this community living in US/EU. many Indians came under business visa after investment in US/west itself, while most of them are very high qualified and are part of developing technologies to run the US's firms, and are doctors/ CA/ including business professionals (MBAs) too, to help them run businesses etc.:truestory:

    the meaning of high end educated people is much more than the amount of tax they pay
     
    Last edited: Dec 6, 2014
  10. santosh10

    santosh10 Senior Member Senior Member

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    Historic Bill Hailing Hindu Americans Introduced In CA State Legislature

    What is it?

    Working closely with HAF, California State Senate Majority Leader Ellen Corbett introduced a Bill (SCR 32) recognizing and praising the significant contributions made by Hindu Americans.

    A few few highlights from the resolution (please read the resolution in its entirety by clicking here):

    "Hindu Americans have helped promote the shared American ideals of tolerance, pluralism, and religious freedom...and the Vedas, the 5000 year old texts of Hindu Americans, provide the basis for these core principles: ‘Truth is one, the wise call it by many names’ [Ekam sat viprah bahudha vadanti]”

    "Hindu Americans believe in promoting knowledge and education for all and as a group have the highest education rate in the nation...Almost three-quarters of Hindu Americans are college graduates and nearly half of Hindu Americans have postgraduate degrees...” :thumb:

    Ahimsa, which is the Sanskrit word for non-injury or nonviolence, is a central principle for Hindu Americans in California, and it provides the ethical foundation for vegetarianism, environmentalism, and harmonious living”

    "Hindu Americans and the Vedanta philosophy have significantly influenced notable American intellectuals...”


    Why does it matter?

    Recognizes contributions of Hindu culture and spirituality to American life

    Allows our children to feel proud of their Hindu identity as Americans :what:

    Allows the broader American society to understand and appreciate Hindu Americans and Hindu beliefs


    What do you need to do?

    Spread the word about the resolution to everyone you know

    Call your State Senator and Assembly Member to urge them to support this resolution

    Come to the State Capitol in Sacramento on June 24, 2013 as the State Senate votes on this momentous resolution

    Use this resolution to educate children in schools and the broader community about Hindu Americans and Hindu beliefs.

    Stay tuned for further details and action alerts!

    hafsite.org/media/pr/his...ndu-americans-introduced-ca-state-legislature

     
  11. santosh10

    santosh10 Senior Member Senior Member

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    even 70K is a decent salary which may bring 65% Indian Americans as high income group in the above table, as compare to 58% Jewish only this way. rest of them would be mostly House Wives, i think :ranger:
    .
     
    Last edited: Dec 6, 2014
  12. santosh10

    santosh10 Senior Member Senior Member

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    Further to my posts regarding Indian Americans, i prepared a post as below about the Illegal Indians in US, which may have a place here too, i think.
    i prepared this post in response to the post as below :thumb:

    =>

    Illegal Migrants/Poor Indians

    traditionally, US has been known as the wealthiest place of world. and illegal migration to US was always a news. If India has 350mil middle class then it also has 450mil 'under class' also, with around 400mil poor, as they couldn't control their population. 350mil middle class of India, whose per capita income on PPP is similar to very high HDI countries like Argentina, Poland, Saudi Arabia etc is itself more than total population at the time of freedom 1947. i have made many posts about it, posts#25 &26 as below, about changing India...

    hence, you get two type of migrants, one from the Middle Class of India who are the highest income group in US, as of topic, and the other one are around 2.4 lakhs illegal indian migrants also who have entered there similar to many other countries. so, if you find anyone illegal there then either keep him, or send him back to his country. simple....

    also, population of India is 17% of world's population while US have only 0.24millions Illegal Indians out of total 11.5mil illegal migrants there, then, we find Indians are better seated in this category of US also? :ranger:

    here in the news as below, we find population of India (1.25 billion) at around 17% to world's population, while ratio of Indian Illegal Immigrants in US comes at around 240,000/11,500,000 = 2.0% (around) :thumb:

     
    Last edited: Dec 6, 2014
  13. santosh10

    santosh10 Senior Member Senior Member

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    Who Has Impoverished Britain?

    Its interested to see that out of total GBP 2,352 remittances outflow from UK, half of it, around GBP 1.16 goes to only 2 countries, Pakistan+Bangladesh. (GBP 533 million+GBP 627 million)

    while Bangladesh and Pakistan occupy the seventh and eleventh positions respectively in terms of the global inflow of remittances, while UK is the 14th place remittance receiving country of world :rofl:
    :tsk:

     
    Last edited: Dec 6, 2014
  14. jus

    jus Senior Member Senior Member

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    @Santhosh10 some images for easy understanding.

    [​IMG]

    [​IMG]

    [​IMG]
     
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  15. santosh10

    santosh10 Senior Member Senior Member

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    double post
     
  16. santosh10

    santosh10 Senior Member Senior Member

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    we have almost the same story of Hindus of Britain too, as discussed in the post#2 :ranger:
     
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  17. Otm Shank2

    Otm Shank2 Regular Member

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    You need these people investing and politically supportive of India like Jews support Israel

    India needs to create easy ways to invest and do business there. organizations like overseas friends of bjp made Indias election seem inclusive for the international indian community. More inclusion is what Indians need in every aspect.
     
  18. santosh10

    santosh10 Senior Member Senior Member

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    Demographics of Asian Americans

    According to the United States Census Bureau, the Asian American population, including those of multiracial and Hispanic and Latino ancestry, had increased to 18,205,898 by 2011.[18]

    During the 2010 United States Census, there were a total of 17,320,856 Asian Americans, including Multiracial Americans identifying as part Asian. This made Asian Americans 5.6 percent of the total American population.[19] The largest ethnic groups represented in the census were Chinese (3.79 million), Filipino (3.41 million), Indian (3.18 million), Vietnamese (1.73 million), Korean (1.7 million), and Japanese (1.3 million).[20][21] Other sizable ethnic groups include Pakistani (409,000), Cambodian (276,000), Hmong (260,000), Thai (237,000), Laotian (232,000), Taiwanese (230,000), Bangladeshi (147,000), and Burmese (100,000).[20] The total population of Asian Americans grew by 46 percent from 2000 to 2010 according to the Census Bureau, which constituted the largest increase of any major racial group during that period.[22]
     
    Last edited: Dec 24, 2014
  19. santosh10

    santosh10 Senior Member Senior Member

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    double post
     
  20. santosh10

    santosh10 Senior Member Senior Member

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    its always expected that non-residents might keep little support for their country of origin, to an extent

    and yes, India and many other Asian countries have become attraction of foreign investment, so NRIs investing back in India is always a news :ranger:
     
  21. Tamil Soldier

    Tamil Soldier Regular Member

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    Nice stat. Hard to believe that Hindus are wealthier on average than Jews.

    I wanna see how this breaks down as per each ethnic community. We'll know then who's disproportionately successful and who's lagging behind. :p
     

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