In his State of the Union, the President made it clear that the most important contest this country faces today is not between Democrats and Republicans, but with competitors around the world for the jobs and industries of our time. To win that contest and secure prosperity for all Americans, we must out-innovate, out-educate, and out-build the rest of the world. The Latino community is integral to that plan to win the future. There are 50.5 million Hispanics in the United States, composing 16 percent of the total population and a significant portion of the labor force. When you add the nearly 4 million residents of Puerto Rico, the total number of Latinos surpasses 54 million. Between 2000 and 2010, the Latino population increased by 15.2 million, accounting for more than half of the 27.3 million increase in the total population of the United States. In the coming decades, Latinos will continue to drive the growth of the labor force, as they will account for 60 percent of the Nation's population growth between 2005 and 2050. In this way, Latino success in education and in the labor market is of both immediate and long-term importance to America's economy. Latinos are a young population. There are 17.1 million Latinos ages 17 and younger in the U.S., more than 23 percent of this age group. In today's American public education system, Latinos are by far the largest minority group, numbering more than 12.4 million in the country's elementary, middle and high schools. Currently, nearly 22 percent, or slightly more than 1 in 5, of all pre-K-12 students enrolled in America's public schools is Latino. Yet, Latino students face persistent obstacles to educational attainment. Less than half of Latino children are enrolled in any early learning program. Only about half of all Latino students earn their high school diploma on time; those who do complete high school are only half as likely as their peers to be prepared for college. Just 13 percent of Latinos have a bachelor's degree, and only 4 percent have completed graduate or professional degree programs.