White Families Now $95K Richer Than African-American Families

The Huffington Post - In the last 23 years, the gap between the average net worth of African-American families and white families has more than quadrupled, according to a new study by researchers at Brandeis University.

In examining data from 1984 to 2007, Brandeis's Institute on Assets and Social Policy found that

the average white family now has accumulated $95,000 more in total wealth than the average African-American family. One quarter of African-American families, the report notes, currently have no financial assets to protect themselves from financial ruin. Read more.