January 15, 2022

Most Black parents begin saving for college before their child is 10 years old and this could be a future key to closing the racial wealth gap. Unfortunately, only 16% of African American parents are saving for college using a 529 plan, which is like a prepaid tuition program, according to Northwestern Mutual. Even though […]

Racial inequality in the United States has many dimensions, but one of the most impactful and broad-ranging is economic. On average, people of color experience significantly lower levels of income, retirement savings, and rates of homeownership than non-Hispanic white Americans. They also face different struggles while paying down student loan debt. Making strides toward improving