Posted inNational

Black two-parent families have half the wealth of White single parents

According to the Federal Reserve’s Survey of Consumer Finances, the racial wealth gap is so stark that two parents of color can’t even close the gap to compete with a single-parent white household. The study found that the median two-parent black family had $16,000 in wealth, the median two-parent Latino family had $18,800 in wealth, and the median […]

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