Student Debt Relief Could Help Close America’s Massive Racial Wealth Gap

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • NYC to Require City Workers to Get Covid Vaccine by Sept. 13: De Blasio
  • Fauci Says U.S. Going in ‘Wrong Direction,’ May Need Booster
  • Firefighters Battle Wildfire in Northeast Spain
  • Bloomberg Quicktake: Now published this video item, entitled “Student Debt Relief Could Help Close America’s Massive Racial Wealth Gap” – below is their description.

    “Homes in Black neighborhoods are generally valued 23% lower than equivalent homes in white neighborhoods, robbing Black communities of $156 billion in assets.”

    Brookings Institute Senior Fellow Andre Perry joined Quicktake to discuss the role debt reduction can play in addressing racial wealth inequity in the United States.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: United States

    The United States is a country also known as the United States of America, USA, US or just America. There are fifty states in the union, which is a federal republic ruled by a representative democracy. Nearly ten million square kilometres are inhabited by over 300 million people. The majority of Americans speak English.

    4 Recent Items: United States

  • China blames US for fraught relations as talks begin
  • His opponents couldn’t keep up with him!
  • Russia, China and the US compete for vaccine influence in Latin America
  • COVID-19 travel: Pinging causes ‘chaos’ at border control
  • Leave a Comment