... but I think this reflects classism in Latin America. Higher education was pretty much restricted and elitist not so long ago in Latin America. Most engineering student attending public universities still come from the upper classes, and private engineering courses are expensive. This may change in the future since governments are expanding the offer of public courses and financing students from lower classes. But so far, this persists: professionals such as engineering, doctors, lawyers, economists tend to be more conservative, while the working class, Humanities academics, and professionals devoted to public or social service (teachers, social workers, historians, etc.) tend to be more progressive.
As for growh rates, here are the charts of Venezuela's GDP growth from 1998 to 2008:
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