Saturday, April 15, 2017

Why Are Black College Graduates Less Wealthy Than Other College Grads? by Mona Charon

Why Are Black College Graduates Less Wealthy Than Other College Grads? by Mona Charon


As I feared though, he avoided what I consider to be a key factor in the black/white difference. The great divide in wealth accumulation in America is founded on marriage. Married couples accumulate much more wealth than divorced or never married people do. A study published by the National Bureau of Economic Research found that the median married couple in their sixties had ten times more wealth than a typical single person. 


This breaks my heart. We are so afraid of telling people the truth. It feels too judgmental. And yet, not knowing the truth is a huge handicap.

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