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.

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