Tag Archive for HEROES Act

Student loan debt widens racial wealth gap

by Stacy M. Brown, NNPA Newswire senior national correspondent • November 27, 2020

President-elect Joe Biden wants to immediately erase student loan debt, a move that could prove more meaningful for African American students who, on average, owe much more than anyone. With the freeze placed on student loan repayments set to end…

by Charlene Crowell, Senior Fellow with Center for Responsible Lending • October 9, 2020

America’s persistent racial income and wealth gaps are the result of four intertwined factors: housing, education, business ownership and access to credit. Closing these gaps would facilitate inter-generational wealth creation for Black America and also expand the nation’s economy by…

Nashville PRIDE, Inc.

Tag Archive for HEROES Act

Student loan debt widens racial wealth gap

by Stacy M. Brown, NNPA Newswire senior national correspondent • November 27, 2020

Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy

by Charlene Crowell, Senior Fellow with Center for Responsible Lending • October 9, 2020