Latinos, the largest minority group in the United States, have the lowest level of college degree attainment relative to the total population. Education is often an indicator for future prospects in society. The present study examined how different parenting styles among Latino families affect individual's development in terms of self-efficacy and academic achievement as an adult. The study included 199 participants between the ages of 25-79. The results indicated a significant negative relationship between permissive parenting and the participants' level of education. The results also indicated a positive correlation between both parents' level of education and the participants' level of education. Additionally, the study found that later generation Latinos reported higher levels of education than first generation. The implications, limitations, and suggestions for future research are discussed.