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Black/Latino College Graduates

Decent Essays

Earning a college degree has long been considered—one of the major keys in achieving the American Dream. However, contrary to popular belief, that theory has been proven invalid. According to a recent study from the Federal Reserve Bank of St. Louis (FRBOSL), “Education does not help black and Hispanic college graduates protect their wealth the same way that it does for their white and Asian counterparts.”
But why is that? Why is there even a financial disparity between white/Asian and black/Latino college graduates? And why are black/Latino college graduates earning significantly less than blacks and Hispanics without a college degree. The answer might not surprise you, but it will reinforce the main reason why black and Latino college graduates

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