In 2019, the median weekly earnings among high school graduates with no postsecondary degree were lower than such earnings for individuals holding associate’s degrees by $123, and for individuals holding bachelor’s degrees by $635. Given this information, and the growth in the Hispanic and Latino population relative to the nearly stagnant population growth of the Nation as a whole, gains in Hispanic and Latino educational attainment are crucial to economic gains for the United States. (10) Hispanics and Latinos are an increasingly vital component of the workforce of the United States. The number of Hispanics and Latinos in the labor force is expected to grow by approximately 6,900,000 between 2020 and 2030. (11) To help ensure that the United States is prepared to meet the needs of its changing workforce, Hispanics and Latinos and the institutions that enroll them most, Hispanic-serving institutions, must be afforded the resources and support necessary to close the achievement and opportunity gaps. 3. Collaboration between Hispanic-serving institutions and local educational agencies Title V of the Higher Education Act of 1965 ( 20 U.S.C. 1101 et seq. ) is amended by adding at the end the following new part: D Collaboration between Hispanic-serving institutions and local educational agencies with high enrollments of Hispanic or Latino students 531. Purposes The purposes of this part are— (1) to promote and support opportunities for academic alliances and collaborative partnerships between Hispanic-serving institutions and local educational agencies with high enrollments of Hispanic or Latino students for the purpose of improving postsecondary educational attainment of Hispanic and Latino students