Biden’s Debt Cancellation Plan Is a Step Forward on the Racial Wealth Divide
Black students have had to take out larger loans and faced greater difficulty paying them back than other borrowers.
Black students have had to take out larger loans and faced greater difficulty paying them back than other borrowers.
Cities and states are experimenting with trust fund accounts to narrow the racial wealth divide.
Rising like monsters from the deep, donor-advised funds (DAFs) have finally caught up with foundations as the wealthy donor’s charitable warehousing vehicle of choice — and are poised to eclipse them.
Real and lasting economic opportunities for Black families will come only through a serious national reckoning on race.