By Charlene Crowell
Senior Fellow with the Center for Responsible Lending
America’s persistent racial income and wealth gaps are the result of four intertwined factors: housing, education, business ownership and access to credit. Closing these gaps would facilitate inter-generational wealth creation for Black America and also expand the nation’s economy by $5 trillion over the next five years. These findings come from an extensive report newly-released by a major bank.
Continue reading Race Still Fuels Persistent Wealth Gaps at The New Journal and Guide.
