A ceremony organized by President Joe Biden was held to unveil his executive order that strengthens Hispanic/Latino institutions (HSIs), according to a publication by the Associated Press. These institutions are non-profit colleges and universities with at least 25% of Hispanic students enrolled full-time. They play a crucial role in promoting educational and economic equity for Hispanics in the United States, which is the second-largest demographic group and accounts for much of the country's recent population growth.

Biden's initiative aims to increase funding for HSIs, facilitate access to federal programs and create an advisory council for these institutions, helping to elevate the economic and educational mobility of Hispanic students. During the ceremony, Antonio R. Flores, CEO of the Hispanic Association of Colleges and Universities (HACU), praised the executive order, highlighting the importance of federal support for HSIs to improve their operations and provide an affordable and equitable education.

These institutions serve more than 4.7 million students, many of them low-income, with one-third of them eligible for federal scholarships like the Pell scholarships. The statement by Miguel Cardona, Secretary of Education, emphasized that supporting HSIs is about promoting educational inclusion and benefiting the country.

Neera Tanden, White House domestic policy adviser, also highlighted the critical role of HSIs in providing opportunities that can bring Latino students into the middle class and help them achieve their aspirations. Biden's executive order is seen as an important step toward cementing the role of these institutions in the educational and economic development of Hispanics and in achieving the American dream.