You might also like:
A NEW STUDY released by the Institute for Policy Studies (IPS) and the Corporation For Economic Development (CFED) looked at trends in household wealth from 1983 to 2013. During that thirty-year period, the study found that the average wealth of white households grew at three times the rate of growth for African-American families and 1.2 times the rate for Latino families.The study argued that if that trend continues without policy interventions, there will be virtually no way for black and Latino families to catch up quickly: the average black family would need 228 years to build the wealth of a white family today. For Latino families, it would take 84 years.
Read the full article in The Nation explaining the racial wealth gap here.
 and the Corporation For Economic Development (CFED) looked at trends in household wealth from 1983 to 2013. During that thirty-year period, the study found that the average wealth of… "Pin It")
Source: matadornetwork.com