A new study shows that higher education does not create a clear path to financial equality for blacks and Hispanics.
“The long-term trend is shockingly clear white and Asian college grads do much better than their counterparts without college, while college-grad Hispanics and blacks do much worse proportionately,” William R. Emmons, an economist at the Federal Reserve Bank of St. Louis and one of the authors of the report told the New York Times.
The report does show that college-educated blacks and Hispanics over all earn more and are in a better economic position than blacks and Hispanics who do not get degrees.