Black Women Going Bankrupt at Alarming Rates

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As evidence that the financial gap between blacks and whites is widening, not narrowing, we need only look at U.S. Department of Education research which shows that black women are filing for bankruptcy, and defaulting for student loans, at increased rates.

By itself, this research is not necessarily compelling, but Kulture Kritic previously reported that the median wealth for black single women is only $100:

The  Insight Center for Community Economic Development issued a report on the gender gap to mark International Women’s Day, according toDemocracy Now.

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