Although many recent reports on the United States educational system urge increased investment in education to prepare students for the jobs of a high-tech future, a more immediate problem is that of the large proportion of the labor force which is currently "overeducated" or "underemployed." (JBM)

The 4.7 million Chicanos in the Southwest in 1970 contributed significantly to the local labor supply; yet, they had substantially smaller incomes and greater unemployment than area Anglos. Although Chicanos have moved steadily from unskilled to skilled labor occupations and have entered white collar occupations, they continue to be employed in…