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