This paper examines whether Hispanic Americans are more likely than Anglo Americans to view college education as a major component in job attainment. The study reviewed data from the U.S. Bureau of Labor Statistics and surveyed 86 undergraduate students at Texas A&M University. The college sample was fairly representative of the student population in terms of racial, ethnic, and gender composition. Survey results indicate that Hispanic males and females expressed more faith in college education being a main component of getting a job than did their Anglo counterparts. However, faith in the employment benefits of college education was stronger among Hispanic males than Hispanic females, and was stronger among Anglo American females than Anglo American males. Department of Labor Statistics data indicate that college education reduced unemployment rates for both Hispanic Americans and Anglo Americans; Hispanics benefited more from college education in terms of employment than did Anglo Americans; and college-educated Anglo Americans were systematically more likely to be employed than their Hispanic counterparts. While college education has been a main component in significantly decreasing unemployment rates, particularly for Hispanics, it has not significantly closed the socioeconomic gap created by Anglo Americans being employed more than Hispanic Americans. (Contains 13 references.) (TD)