Federal Reserve Board related articles

Widening Racial Wealth Gap Threatens the Ability of African Americans to Pay for College

Widening Racial Wealth Gap Threatens the Ability of African Americans to Pay for College

According to the Federal Reserve, between 2007 and 2010, nonwhite and Hispanic families saw their median net worth dropped from $29,700 to $20,400. This is a decline of 31.3 percent.