Tagged: wealth gap

Research Finds Washington, D.C. Has the Highest Racial Wealth Gap in the United States

In our nation's capital, White people earn about 64 percent more than Black people. Compared to White residents, Black residents of Washington, D.C. have a 374 percent higher poverty rate, are 61 percent less likely to have a bachelor's degree, and are 263 percent more likely to be unemployed.

The Growing Racial Gap in Home Ownership

Many American families use the equity in their home to finance the higher education of their children or grandchildren. This source of higher education funding is less available to African Americans.

Survey Shows Barriers to Black Wealth Formation

The huge wealth gap between Black and Whites makes it harder for African American families to finance the college education of their children. Even for African Americans who have higher incomes, there are significant barriers to accumulating wealth.

Brandeis University Study Analyzes the Large and Growing Racial Wealth Gap

The racial wealth gap has tremendous consequences in the ability of African Americans to afford higher education. The report finds that in 2009 the median net worth of White households was $265,000. For Black households, the figure was $28,500.

Widening Racial Wealth Gap Threatens the Ability of African Americans to Pay for College

According to the Federal Reserve, between 2007 and 2010, nonwhite and Hispanic families saw their median net worth dropped from $29,700 to $20,400. This is a decline of 31.3 percent.

University Study Finds Wealth Plays a Role in the Racial Marriage Gap

As much as 30 percent of the marriage rate gap between blacks and whites can be explains by racial differences in wealth.

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Rico Munn Named Chancellor of the Colorado State University System

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"The institutions of the CSU System have an extraordinary legacy of serving Colorado — a legacy I am honored and excited to help carry forward," said Rico Munn, who will begin his role as system chancellor in 2027.

Michele Murray Appointed President of the Association of Jesuit Colleges and Universities

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The Association of Jesuit Colleges and Universities is a national organization that supports Jesuit higher education institutions in the United States, Belize, and Canada. Dr. Murray, who currently serves as senior vice president for student development and mission at the College of the Holy Cross, is slated to become the association's next president on June 2.

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