Tag: wealth gap
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.
