Ep 51 | Losing Ground?: Black Wealth, Student Debt, Lost Cities, and What We Can Do
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Ep 51 | Losing Ground?: Black Wealth, Student Debt, Lost Cities, and What We Can Do
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New Federal Reserve data shows Black household wealth fell by a quarter between 2022 and 2025, while every other major group gained. The federal government is reportedly preparing to send private collectors after nearly ten million borrowers in default on federal student loans, with wage garnishment of up to 15 percent on the table. And new Census estimates show Chicago, Los Angeles, the Bay Area, New Orleans, and New York leading the country in Black population loss since 2020. Dr. Charles Cole III lays out the facts, then gets into what happens when the house, the degree, and the block start slipping at the same time, and what families can do about it right now.
Find the show at EdPost's YouTube page: youtube.com/@EdPostVideo
We'd love to hear from you! Email Charles at colorcommentarypod@gmail.com