Sentences with phrase «racial wealth gaps in»

I was a statistical anomaly growing up in New Orleans: a black boy from a relatively well - off family in a city with one of the widest racial wealth gaps in the country.

Not exact matches

While these institutional factors played a role in the racial gap in debt, the study showed that racial differences in parental wealth played an important part.

In addition, more schooling isn't going to close the racial wealth gap.

The St. Louis report, published in August, revealed a racial wealth gap among college graduates.

This disparity is rooted in structural, race - based disadvantages, including, according to Marshall Steinbaum's research, «segregation within higher education, which relegates minority students to the worst - performing institutions, discrimination in both credit and labor markets, and the underlying racial wealth gap that means black and Hispanic students have a much smaller cushion of family wealth to fall back on, both to finance higher education in the first place and also should any difficulty with debt repayment arise.»

Differences in homeownership rates remain the prime driver of the nation's racial wealth gap.

Scholars now describe HOLC's property evaluations and risk management procedures, along with the practices of the Federal Housing Administration, Veterans Administration, and U.S. Housing Authority, as significant contributions to the continuation of racial segregation, intergenerational poverty, and enduring wealth gap between white Americans and minorities in the U.S.

Scholars now describe HOLC's property evaluations and risk management procedures, along with the practices of the Federal Housing Administration, Veterans Administration, and U.S. Housing Authority, as significant contributions to the continuation of racial segregation, intergenerational poverty, and enduring wealth gap between white Americans and minorities in the U.S. Mapping Inequalities provides visitors an idea of what housing policies were like in the New Deal era and how these guidelines have since affected the interaction between wealth and poverty in contemporary America.

The report shows this also plays a role in the racial wealth gap, as most households (67 percent) are white and are more likely to be in a high - income bracket compared to black and Latino households.