'Being Black and degreed will not close the racial wealth gap because individual actions can only do so much to counteract 400 years of systemic racial oppression,' writes BlkGrlBrilliant
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The importance of higher education was not lost on me as the child of educators. In my family of five, we have three doctorates, a law degree, four master's degrees, and five bachelor's degrees.
Though higher education is not the "great equalizer" and cannot close the racial wealth gap, it's still an essential tool for Black Americans to achieve upward mobility and give back to our communities.I was raised by educators. Growing up, my father, a history professor, would regale us with triumphant tales of escaping poverty in his youth. After applying to the University of the West Indies five times, and gaining admission with each application, he was only able to enroll after he won a scholarship. Otherwise, he simply could not afford to go. In the meantime, he taught at a local high school. Once my father completed his first degree, he earned a fellowship to complete a PhD in the US.
, the net worth of the median Black household was $17,150, while that of the median white household was $171,000. In other words, for African Americans to achieve wealth parity with white Americans, Black people would need to generate 10 times as much wealth as we currently have overnight, while white people's wealth remained stagnant. This is an entirely impossible feat and an unreasonable expectation that shifts the responsibility for overcoming racial oppression to those it victimizes.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Citi nabs Merrill Lynch exec as it ramps up wealth management business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Majority of kids who die of coronavirus are Hispanic, Black or Native American, CDC findsAs students return to classrooms, a CDC report finds that the majority of children, teens and young adults who die from COVID-19 are Hispanic, Black or Native American.
Weiterlesen »
Biden's tax plan won't raise many Americans' taxes, unless you're rich - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Planet Money's Adam Davidson: 'passion economy' business is the future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Dishoom's cofounder Shamil Thakrar: Four lessons to business success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
8 essential steps founders must take when writing a business plan - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »