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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 the Center for Responsible Lending 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 $5 trillion over the next five […]

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