Hispanic-Americans are doing much better than their parents when it comes to income mobility. They are climbing up the economic ladder just slightly slower than their white peers, but much faster than blacks, according to a study by Stanford, Harvard and Census Bureau researchers.
For instance, among those who grew up lower middle class, 28% of Hispanics made it to the upper middle class or higher, compared to 35% of whites and only 14% of blacks. And 14% of middle class Hispanic kids made it to the top of the income scale, compared to 19% of whites and 7% of blacks. READ MORE AT CNN MONEY