Black college graduates hold less wealth than white high school dropouts.

Evidence

The wealth gap isn’t growing only because of the disproportionate percentage of black Americans in poverty. It’s growing because whiteness has consistently and continually played a serious role in wealth building. Think a college education is an equalizer? Research shows that black households headed by a college graduate have less wealth (23,400) than white households headed by a high school dropout (34,700). Think all high school dropouts struggle? A white high school dropout has more than twenty times the wealth of a black high school dropout ($1,500). White families with an employed head of household have ten times the wealth of black families who do. — Dorothy A. Brown, The Whiteness of Wealth, 63

Research shows that black households headed by a college graduate have less wealth (23,400) than white households headed by a high school dropout (34,700). Think all high school dropouts struggle? A white high school dropout has more than twenty times the wealth of a black high school dropout ($1,500). White families with an employed head of household have ten times the wealth of black families who do. — Dorothy A. Brown, The Whiteness of Wealth, 63

Categorization

• SHARE: The specific numbers — black college grads 23,400 vs. white high school dropouts 34,700, twenty-to-one for dropouts — are a striking concrete stat to send to anyone interested in wealth inequality.
• XREF: Connects to the historical redlining and exclusion narratives in Ta-Nehisi Coates on reparations and to the general ‘education is not the equalizer’ literature.
• corroborated: 2 independent passages support this claim — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 63