Racial wealth gaps persist across all industries regardless of education

Evidence

However, the healthcare field isn’t an outlier when it comes to these racial wealth discrepancies; it’s the standard. Meschede and her colleagues found that the discrepancies exist across industries, regardless of education or specialization, including in highly paid fields like technology and finance. — Dorothy A. Brown, The Whiteness of Wealth, 369

However, the healthcare field isn’t an outlier when it comes to these racial wealth discrepancies; it’s the standard. Meschede and her colleagues found that the discrepancies exist across industries, regardless of education or specialization, including in highly paid fields like technology and finance. Not only were blacks and Latinos underrepresented in STEM fields, Meschede found, “for Black employees, pay is also significantly lower than Whites in finance and STEM with the same degrees. While incomes increase for all in more highly compensated sectors, the gains from entering a higher-paying field are not shared equally.” — Dorothy A. Brown, The Whiteness of Wealth, 369

Categorization

• XREF: This refutes the human-capital story from Coleman’s social capital work — education is not the equalizer these findings claim. — connects to: Black economic inequality relative to whites remained structurally fixed across multiple decades — John T. Jost and Jim Sidanius, Political Psychology: Key Readings, 3351; Racial income inequality persists despite near-parity in education — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America:…, 453
• corroborated: 2 independent passages support this claim — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 369