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==== Racial wealth gap ==== This history of racial and socioeconomic class segregation in the U.S. has manifested into a racial wealth divide.<ref>{{Cite web|last=Magazine|first=Contexts|title=Disrupting the Racial Wealth Gap - Contexts|url=https://contexts.org/articles/disrupting-the-racial-wealth-gap/|access-date=2021-04-26|language=en}}</ref><ref>{{Cite web|last=Perry|first=Rashawn Ray and Andre M.|date=2020-04-15|title=Why we need reparations for Black Americans|url=https://www.brookings.edu/policy2020/bigideas/why-we-need-reparations-for-black-americans/|access-date=2021-04-26|website=Brookings|language=en-US}}</ref> With this history of geographic and economic segregation, trends illustrate a racial wealth gap that has impacted educational outcomes and its concomitant economic gains for minorities.<ref>{{Cite journal|last1=Chetty|first1=Raj|last2=Hendren|first2=Nathaniel|last3=Kline|first3=Patrick|last4=Saez|first4=Emmanuel|date=2014-11-01|title=Where is the land of Opportunity? The Geography of Intergenerational Mobility in the United States *|journal=The Quarterly Journal of Economics|volume=129|issue=4|pages=1553–1623|doi=10.1093/qje/qju022|issn=0033-5533|doi-access=free}}</ref><ref>{{Cite web|date=2020-01-09|title=Trends in U.S. income and wealth inequality|url=https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/|access-date=2021-04-26|website=Pew Research Center's Social & Demographic Trends Project|language=en-US}}</ref><ref>{{Cite web|title=What We Get Wrong About Closing the Racial Wealth Gap – The Samuel DuBois Cook Center on Social Equity|work=The Samuel DuBois Cook Center on Social Equity at Duke University - Advancing social equity via research, education, and policy. |date=7 April 2018 |url=https://socialequity.duke.edu/portfolio-item/what-we-get-wrong-about-closing-the-racial-wealth-gap/|access-date=2021-04-26|language=en-US}}</ref> Wealth or net worth—the difference between gross assets and debt—is a stock of financial resources and a significant indicator of financial security that offers a more complete measure of household capability and functioning than income.<ref>{{Cite journal|last1=Melany De La Cruz-Viesca|last2=Paul M. Ong|last3=Andre Comandon|last4=William A. Darity Jr. |last5=Darrick Hamilton|date=2018|title=Fifty Years After the Kerner Commission Report: Place, Housing, and Racial Wealth Inequality in Los Angeles|journal=RSF: The Russell Sage Foundation Journal of the Social Sciences|volume=4|issue=6|pages=160|doi=10.7758/rsf.2018.4.6.08|issn=2377-8253|doi-access=free}}</ref> Within the same income bracket, the chance of completing college differs for White and Black students. Nationally, White students are at least 11% more likely to complete college across all four income groups.<ref name=":22">{{Cite book |last1=Jones|first1=Tiffany|url=https://eric.ed.gov/?id=ED603265|title=Hard Truths: Why Only Race-Conscious Policies Can Fix Racism in Higher Education|last2=Nichols|first2=Andrew Howard|date=January 2020 |publisher=Education Trust|language=en}}</ref> Intergenerational wealth is another result of this history, with White college-educated families three times as likely as Black families to get an inheritance of $10,000 or more.<ref name=":22" /> 10.6% of White children from low-income backgrounds and 2.5% of Black children from low-income backgrounds reach the top 20% of income distribution as adults. Less than 10% of Black children from low-income backgrounds reach the top 40%.<ref name=":22" />
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