The Atlantic

White College Graduates Are Doing Great With Their Parents' Money

Higher education alone can't bridge the wealth gap that separates black Americans from their white peers.
Source: Kirn Vintage Stock / Getty

The numbers are staggering: White Americans with a college degree are on average three times as wealthy as black Americans with the same credential, and in families whose head of the household is employed, white families have 10 times the wealth of black ones. One estimate on the conservative end suggested that this wealth could take two centuries to close.

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