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Race Still Fuels Persistent Wealth Gaps - The New Journal and Guide

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By Charlene Crowell

Senior Fellow with the Center for Responsible Lending

America’s persistent racial income and wealth gaps are the result of four intertwined factors: housing, education, business ownership and access to credit. Closing these gaps would facilitate inter-generational wealth creation for Black America and also expand the nation’s economy by $5 trillion over the next five years. These findings come from an extensive report newly-released by a major bank.  

Continue reading Race Still Fuels Persistent Wealth Gaps at The New Journal and Guide.

Source: The New Journal and Guide
This Black Fact was brought to you by APEX Museum

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