Introduction: In Latin America, university dropouts significantly influence the individual development of students and the socioeconomic progress of the region. Identifying risk factors allows educational institutions to recognize and address the specific needs of their students to create effective methods that foster academic success and retention. Objective: Analyze the various risk factors for student Dropout in Higher Education Institutions in Latin America with the purpose of proposing strategies that reduce the negative rates of this problem. Methods: A bibliographic review of studies published between 2010 and 2024 on risk factors for student dropout in higher education in Latin America was carried out, using relevant databases and applying rigorous inclusion and exclusion criteria. Results: Personal, academic, institutional and socioeconomic variables are part of the risk factors for University Dropout. The lack of access to Higher Education has a significant impact on the economic and social growth of Latin America since it is essential for the training of qualified professionals. The high dropout rate contributes to a less prepared workforce and limits job opportunities for young people. Conclusions: The prevalent risk factors were academic and personal associated with university dropout in Latin America, which is why various strategies were proposed to generate inclusive and equitable higher education through the reformulation of public and institutional policies.