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The Racial Wealth Divide

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Manage episode 328669586 series 2471867
内容由Travis Hornsby提供。所有播客内容(包括剧集、图形和播客描述)均由 Travis Hornsby 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Senior student loan advisor Lauryn Williams, CFP®, CSLP®, sits down with one of SLP’s newest student loan advisors, James Mwombela, CFP®, to discuss the racial wealth divide and how it has impacted Black Americans’ ability to create wealth. The basis for today’s conversation is a Wall Street Journal article written in August 2021 titled “College Was Supposed to Close the Wealth Gap for Black Americans. The Opposite Happened.”

In today’s episode, you'll find out:

  • Why Black college graduates have a lower net worth in the 2020s than in the 1990s
  • What is net worth and why does it matter
  • Slow income growth and other causes of low net worth for Black households
  • How student loan debt is affecting college graduates now versus 30 years ago
  • How this phenomenon has impacted the lives of young Black graduates today
  • About the history of the racial wealth gap
  • Why homeownership is significantly lower for Black graduates
  • The role of homeownership in wealth building
  • How the lack of financial literacy stops net worth in its tracks

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

  continue reading

293集单集

Artwork

The Racial Wealth Divide

Student Loan Planner

43 subscribers

published

icon分享
 
Manage episode 328669586 series 2471867
内容由Travis Hornsby提供。所有播客内容(包括剧集、图形和播客描述)均由 Travis Hornsby 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Senior student loan advisor Lauryn Williams, CFP®, CSLP®, sits down with one of SLP’s newest student loan advisors, James Mwombela, CFP®, to discuss the racial wealth divide and how it has impacted Black Americans’ ability to create wealth. The basis for today’s conversation is a Wall Street Journal article written in August 2021 titled “College Was Supposed to Close the Wealth Gap for Black Americans. The Opposite Happened.”

In today’s episode, you'll find out:

  • Why Black college graduates have a lower net worth in the 2020s than in the 1990s
  • What is net worth and why does it matter
  • Slow income growth and other causes of low net worth for Black households
  • How student loan debt is affecting college graduates now versus 30 years ago
  • How this phenomenon has impacted the lives of young Black graduates today
  • About the history of the racial wealth gap
  • Why homeownership is significantly lower for Black graduates
  • The role of homeownership in wealth building
  • How the lack of financial literacy stops net worth in its tracks

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

  continue reading

293集单集

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