College readiness mixed among Asian-Americans

Asian-American students are often viewed as brainy, affluent and overachieving. But a new government report concludes that several Asian groups are not well-prepared — either academically or financially — to succeed in college.

Chinese, Japanese, Korean and Indian students typically do well in school, fulfilling the "model minority" stereotype, according to the report by the Government Accountability Office, the research and investigative arm of Congress. Many of their families have saved money for college and do not depend on their children's help at home. …For instance, 68 percent of Chinese college students reported that they could afford college without working, compared with only 36 percent of Vietnamese students. [View Full Article]