Friday, February 13, 2015

"White High School Dropouts Have More Wealth Than Black And Hispanic College Graduates"

"white families are much wealthier than black and hispanic families at every education level. More than that, all white families, even those at the lowest education level, have a higher median wealth than all black and hispanic families, even those at the highest education level. The median white family with an education level below high school has a net worth of $51.3k, while the median black and hispanic family with a college degree has a net worth of $25.9k and $41k respectively."
http://www.demos.org/blog/9/23/14/white-high-school-dropouts-have-more-wealth-black-and-hispanic-college-graduates

I am glad that the conversation is transitioning from income to wealth - History sometimes doesn't fade, sometimes it just continues to build.

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