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Segmented assimilation theory (SAT) argues that social capital fostered by co-ethnic communities facilitates the upward mobility of children of working-class immigrants. On the other hand, some argue SAT exaggerates how easily co-ethnic social capital traverses class boundaries, and propose its benefits are limited to children of middle-class immigrants . Using the Education Longitudinal Study (ELS) and High School Longitudinal Study (HSLS), we address this debate by examining the benefits of co-national concentration in residential zip codes and counties for the four-year college enrollments and BA attainments of Mexican-origin children of immigrants, and how they are moderated by family SES and community socioeconomic composition (SEC). We do not see consistent support for any benefit of co-national concentration nor its moderation by family SES or community SEC.