“For education among all kinds of men always has had, and always will have, an element of danger and revolution, of dissatisfaction and discontent. “ -W.E.B. Dubois

The racial wealth gap is larger than most Americans can imagine. In research published in 2017, a sampling of 1,377 White and Black Americans from the top and bottom of the national income distribution revealed that they overestimated progress toward Black–White economic equality by over 25% of the current reality.1 In fact, a 2018 research report revealed that the median Black household has less than 11 percent the wealth of the median White household.2

  1. Proceedings of the National Academy of Sciences of the United States of America. “Americans Perceive Racial Economic Equality.” Accessed Jan. 14, 2021.
  2. Federal Reserve Bank of Minneapolis. “The Wealth Gap and the Race Between Stocks and Homes.” Accessed Jan. 14, 2021.

Watch or listen to learn more about education and wealth gap. Dr. Jeff Anderson will share his findings, understanding, and insights from a study on the racial wealth gap in college education.

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Read about how the racial wealth gap in the United States is the disparity in median wealth between the different races.