Education is Not Great Equalizer for Black Americans

Monday, March 16, 2015
NBC News

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 calculation of 2011 figures by a group of academics, the median household headed by a black college graduate had about two thirds of the net worth of the median white household headed by someone who did not finish high school.

URL: http://www.nbcnews.com/feature/in-plain-sight/wealth-moves-out-grasp-blacks-so-does-opportunity-n305196