Skin Color Wealth Gap: Whites Average $95K Richer Than Blacks

Drawing on economic data from 2,000 American families who were interviewed every few years between 1984 and 2007, researchers have found that the wealth disparity between white and black households has more than quadrupled, regardless of income bracket. In 1984, the average white family in the sample group held around $20,000 more in assets than the average black family, according to a study conducted by the Institute on Assets and Social Policy at Brandeis University. By 2007, the "racial...Full Story
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