Tagged: 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.

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Albert Mosley Named the Eighth President of Bethune-Cookman University

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"I am deeply grateful for this opportunity, and I look forward to all that God has in store as I partner with our faculty, staff, students, alums, donors, and community partners in shaping a bold and inspiring future for B-CU," said Dr. Mosley. His presidency is set to begin on July 7.

Teresa Hardee Selected to Lead Bennett College in North Carolina

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“I am truly honored to serve Bennett College at such a pivotal time,” said Dr. Hardee. “Bennett’s legacy is unmatched, and its future holds even greater promise. Together with the Bennett community, I am committed to building on its strengths and charting a bold path forward.”

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