Disparate Effects of the Great Recession

Fed Reserve shows the effect of the 21st century on different racial groups’ income and wealth. https://files.stlouisfed.org/files/htdocs/publications/review/2017-02-15/college-is-not-enough-higher-education-does-not-eliminate-racial-and-ethnic-wealth-gaps.pdf They show the impact of the Great Recession on major racial groups too, separated by who graduated from college. See Figure 7 to see who was hardest hit by the Great Recession. First – the largest decrease is … Continue reading Disparate Effects of the Great Recession