University of Iowa Study Shows Lenders Favor Black Women

iowaA study by researchers at the University of Iowa finds that African American women are generally held in high regard by the nation’s lenders. They study found that lenders view African American women as favorably as they do White men.

The study presented at the annual meeting of the American Sociological Association in New York, stated that “African American females are generally perceived as single mothers who are industrious and hardworking.”

Sarah Harkness, an assistant professor of sociology at the University of Iowa, gave financial professionals fictional loan applications in which education, gender, and race were different but the financial profiles were relatively the same. The results show that the lenders were least likely to loan money to Black men, followed by White women.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Alcorn State University Announces Unique STEM-Focused MBA Degree Program

The new STEM-MBA program at Alcorn State, the first of its kind in the state of Mississippi, will prepare students to become business leaders in STEM industries through courses on foundational STEM and business concepts, as well as data analysis and strategic decision-making.

Five Black Women Who Have Been Appointed to Dean Positions at Universities Across the United States

Here is this week’s roundup of African Americans who have been appointed to dean positions at universities throughout the United States. If you have news for our appointments section, please email the information to contact@jbhe.com.

PNC Partners With Howard University to Empower Black Entrepreneurship

The Howard University and PNC National Center for Entrepreneurship aims to support and educate Black entrepreneurs from across the country. The collaborative initiative includes three other HBCU partners: Morgan State University, Clark Atlanta University, and Texas Southern University.

Saida Grundy Wins Race, Gender, and Class Book Award From the American Sociology Association

Dr. Grundy's book, Respectable: Politics and Paradox in Making the Morehouse Man, explores the culture and experiences of graduates from Morehouse College in Atlanta, the country's only historically Black college for men.

Featured Jobs