Race and Wealth

Publication of a new "Economic State of Young America" report that provides benchmarks for understanding the economic conditions experienced by young adults in America-and evidence of long-term destabilization across key economic factors, including: - The flat income and unstable job trends among today's young workers--also examining poverty rates, unemployment trends by race, quality of work, insurance rates, and incarceration rates by race. - The rapid proliferation of debt--examining student loan debt and its impact on wealth and savings, the rapid growth of… more

This article examines the extent to which family wealth affects the Black – White test score gap for young children based on data from the Panel Study of Income Dynamics (aged 3 – 12). This study found little evidence that wealth mediated the Black – White test scores gaps, which were eliminated when child and family demographic covariates were held constant. However, family wealth had a stronger association with cognitive achievement of school-aged children than that of preschoolers and a stronger association with school-aged… more

How the Nuestro Bario Soap Opera Effectively Delivers Financial Education to Latino Immigrants

Integrated Asset-Building Strategies for Reservation Based Communities is a 27 year retrospective from the First Nations Development Institute.

Current explanations for the achievement gap do not fully explain why high-achieving poor and minority children perceive of college as being out of reach. This paper reviews perspectives on the achievement gap and proposes a model that incorporates a capabilities and assets approach. The uneven playing field created by unequal distribution of assets sustains educational advantage and high expectations for college among children from families with assets, while dampening expectations for college among poor and minority children. As a possible avenue to… more

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The United States Government holds much of the land in Indian Country in trusts; land may be tribal trust, individual trust, or fee simple. Despite the fact that trusts are designed for the benefit of an individual or a tribe, they present difficulties for mortgage lenders in terms of foreclosure, liquidation, and other practices. Prior to Section 184, lands held in trust for tribes could not be mortgaged at all, while lands held in trust for individuals could be mortgaged… more

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