Canceling student debt could help close the wealth gap between white and Black Americans
Santul Nerkar wrote in May: America’s racial wealth gap is well-documented, even if many continue to underestimate its existence. Black Americans’ net worth is, on average, less than 15 percent of white Americans’, the legacy of centuries of systemic anti-Black racism. Moreover, both political parties have failed time and again to address the inequities facing Black Americans. But what if I told you that an effective way to start closing this gap was within reach? According to the scholars I…