News

It's Time To Build Black Wealth

The Bay State Banner, Wednesday, April 22, 2015
America is suffering from a substantial wealth gap. A small number of residents control a disproportionate amount of the nation’s wealth. With the publication of The Color of Wealth in Boston report, the issue of wealth disparity took a shocking twist. This study by the Federal Reserve Bank of... Read More »

America's Financial Divide: The Racial Breakdown of U.S. Wealth in Black and White

Huffington Post, Monday, April 13, 2015
"The major sources of wealth for most of the super rich are inheritances and in life transfers. The big reason is racial differences in access to resources to transfer to the next generation." Darity added that the practices of enslavement, violence, Jim Crow, discrimination and dispossession of... Read More »

How Hillary's Plan to Give Every American Baby $5,000 Could Help Fix Inequality

Fusion, Sunday, April 12, 2015
“I like the idea of giving every baby born in America a $5,000 account that will grow over time so that when that young person turns 18, if they have finished high school, they will be able to access it to go to college or maybe they will be able to make that down payment on their first home,”... Read More »

The Color of Wealth in Boston

Massachusetts Immigrant and Refugee Advocacy Coalition blog, Tuesday, April 7, 2015
In short, it is time for Massachusetts—and its chief city—to start doing more to live up to being a true 'common' wealth for all residents. URL: http://miracoalition.org/en/press-room/easyblog/entry/the-color-of-wealth-in-boston

Two Studies on Disparities: The Most Unequal U.S. Cities and Boston's Racial Wealth Gap

Nonprofit Quarterly, Friday, March 27, 2015
A new study by the Federal Reserve Bank of Boston addresses “The Color of Wealth in Boston” and its findings are shocking. Below is one of the main findings: “Nonwhite households have only a fraction of the net worth attributed to white households. While white households have a median wealth of... Read More »

Boston Fed Study Finds Wealth Disparities 'Worrisome'

The Boston Globe, Thursday, March 26, 2015
By nearly every measure, white households in Greater Boston had more wealth than African-Americans, Caribbean blacks, Cape Verdeans, Puerto Ricans, and Dominicans, painting a worrisome picture of a region with “staggeringly divergent” levels of wealth by race. For example, about half the white... Read More »

Report: Vast Wealth Gap Between White & Non-White in Boston Must Be Addressed

The Fact She3t (blog), Thursday, March 26, 2015
The cumulative consequences of a lack of net worth exacerbate the enormous racial divide in wealth in Boston. The staggering disparities identified in this analysis should urge us to find policies that can help narrow the wealth divide by: providing opportunities for asset development; ensuring... Read More »

Poverty and Education

UNC TV - Public Broadcasting Service (PBS), Tuesday, March 24, 2015
Dr. William Darity joins UNC-TV Education to offer his insight & experience on race & education in the public school system. His interview is part of series of segments relating to the new PBS documentary 180 Days: Hartsville. The film has a particular emphasis on raising students... Read More »

Education is Not Great Equalizer for Black Americans

NBC News, Monday, March 16, 2015
Gaps in wealth, not in education, between black and white families may be the most powerful force locking Americans into their social class. Black Americans with college degrees have less in savings and other assets than white Americans who dropped out of high school. According to a recent... Read More »

Filmmaker to Screen Documentary on Gifted High Schoolers

DukeToday, Tuesday, March 3, 2015
Kristen Stephens, the director of the Academically/Intellectually Gifted Licensure Program within the Duke Program in Education, will moderate the discussion. Stephens said twice-exceptional education is still an unexplored realm for most schools. Read more: http://today.duke.edu/2015/03/... Read More »

Pages