it depends on several factors. Nationality is probably the biggest one: asians and eastern europeans generally value formal education while hispanics generally oppose it. Class is another one, especually among Eastern Europeans: manual laborers / farmers more likely opposed to it. These factors seem to affect the kid's prospects of getting higher education.
Religiosity is often fused with nationalism and general conservatism rather than fundamentalism - i think that is true about hispanics and eastern europeans, but not sure about asians. Prominent display of religious paraphernalia is thus more like waving a national flag or pride in one's national heirtage than acceptance of biblical message.
Another factor (emphasized by Thomas & Znaniecki in their classical work on immigration) is the process of assimilation - successful economic assimilation usually leads to the acceptance of the host society's core values, whereas unsuccessful one - retreat to ritualistic embrace of the old country values in a rigid and conservative way.
wojtek