For Black Americans, College Hasn’t Closed the Wealth Gap

The Wall Street Journal, Monday, August 9, 2021

BY RACHEL LOUISE ENSIGN AND SHANE SHIFFLETT

The median net worth of households with Black college graduates in their 30s has plunged over the past three decades to less than one-tenth the net worth of their white counterparts, according to a Wall Street Journal analysis of Federal Reserve data.
The median net worth for Black households with college graduates in their 30s has fallen to $8,200 from about $50,400 a decade ago…

Source: Wall Street Journal analysis of the Survey of Consumer Finances

“Signed…AnEducatedBrother”

About aneducatedbrother

Sharing the belief that education is not a business, and true academic reform is the only tide that will lift all boats.
This entry was posted in Business Schools, Charter Schools, Criminal Justice System, Education, Education Reform, Inequality, Law, Mass Incarceration, New York Region, Public School Education, Racism and tagged , , , . Bookmark the permalink.

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