1 in 6 Americans have student loan debt. Federal Student Loan Debt has risen to $1.5 trillion. The average student loan debt is close to $40,000 now. Every year, the debt creeps… read more
Philanthropy sounds good: someone giving money to improve the world out of the goodness of their heart. The problem is that then those wealthy individuals get to dictate exactly how their money… read more
As we continue our coverage of CFED’s 2016 Assets Learning Conference, we go deep on another critical topic for People of Color and closing the racial wealth gap. Entrepreneurship is another form… read more
This week's Oldie-but-Goodie. Happy Black History Month! If average Black family wealth continues to grow at the same pace it has over the past three decades, it would take Black families 228… read more
The African American Financial Capabilities Initiative is sponsored by Prosperity Now’s Racial Wealth Divide Initiative. Their website describes the motivation for and goals of the program: “The Racial Wealth Divide Initiative at Prosperity Now… read more
The African American Financial Capabilities Initiative is sponsored by Prosperity Now's Racial Wealth Divide Initiative. Their website describes the motivation for and goals of the program: "The Racial Wealth Divide Initiative at… read more
Cat Goughnour is the Senior Program Manager at Prosperity Now. She runs the African American Financial Capability Initiative, working to build innovative pilots to increase financial stability and bridge racial wealth gaps… read more
Joseph Lopez, Development Manager and Gabriela Roman, Executive Director join us today to talk about the organization: Spanish Coalition for Housing (SCH). Through our partnership with CFED and the Dedrick Asante-Muhammad, director… read more
If average Black family wealth continues to grow at the same pace it has over the past three decades, it would take Black families 228 years to amass the same amount of… read more
As we continue our coverage of CFED's 2016 Assets Learning Conference, we go deep on another critical topic for People of Color and closing the racial wealth gap. Entrepreneurship is another form… read more