Economia
College-educated families usually earn significantly higher incomes and accumulate more wealth than families headed by someone who does not have a four-year college degree. The income- and wealth-boosting effects of education apply within all racial and ethnic groups. Higher education may also help "protect" wealth, buffering families against major economic and financial shocks and mitigating adverse long-term trends. Based on two decades of detailed wealth data, we conclude that education does not, however, protect the wealth of all racial and ethnic groups equally.
Compared to their less-educated counterparts, typical white and Asian families with four-year college degrees withstood the recent recession much better and have accumulated much more wealth over the longer term. Hispanic and black families headed by someone with a four-year college degree, on the other hand, typically fared significantly worse than Hispanic and black families without college degrees. This was true both during the recent turbulent period (2007-2013) as well as during a two-decade span ending in 2013 (the most recent data available).
Why didn’t higher education protect Hispanic and black family wealth from either short-term turbulence or long-term competitive pressures? Job-market difficulties specific to Hispanic and black college graduates probably played a role, especially over the longer term. Financial decision-making appears even more important in explaining large wealth declines among Hispanic and black college-educated families during the Great Recession and its aftermath.
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Economia
Educação e desigualdade racial de renda e patrimonio
Why Didn't Higher Education Protect Hispanic and Black Wealth?
William R. Emmons , Bryan J. Noeth
Compared to their less-educated counterparts, typical white and Asian families with four-year college degrees withstood the recent recession much better and have accumulated much more wealth over the longer term. Hispanic and black families headed by someone with a four-year college degree, on the other hand, typically fared significantly worse than Hispanic and black families without college degrees. This was true both during the recent turbulent period (2007-2013) as well as during a two-decade span ending in 2013 (the most recent data available).
Why didn’t higher education protect Hispanic and black family wealth from either short-term turbulence or long-term competitive pressures? Job-market difficulties specific to Hispanic and black college graduates probably played a role, especially over the longer term. Financial decision-making appears even more important in explaining large wealth declines among Hispanic and black college-educated families during the Great Recession and its aftermath.
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- Financiamento Do Ensino Superior
The Financing of Higher Education in Europe (Dezembro de 2004): Volume 11. EU policies and instruments on higher education 2. Trends in funding of higher education in the EU [Portugal = pag. 142] 3. Trends in funding of higher education in some other...
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One can recognize the mark of a genius in the work of the Zambian economist and social philosopher Siize Punabantu. I want to share with y’all the abstract of his new masterpiece, The Origin of Wealth. What is wealth? This paper proposes wealth and...
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O site “Inside Higher Education: The World View” do Center for International Higher Education do Boston College, publicou a nota abaixo, aonde trato de resumir o que vem ocorrendo nas universidades federais no Brasil: Federal higher education...
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Lei de salário mínimo e a opressão racial Legal este texto do Walter Williams. Principalmente por colocar mais um nonsense do discurso fácil na parede, ainda que de forma irônica. Trecho: Bureau of Labor Statistics unemployment data confirms...