Minority Children Four Times More Likely to Start Poor, Stay Poor: Children of color are four times more likely than their white peers to be born into a poor family and suffer a lifetime of consequences, ranging from diminished academic standing to increased financial insecurity, a report released Thursday found.
Beyond financial comfort, even practical dreams of education and savings remain an allusive idea for many nonwhite Americans. The nation's racial wealth disparity is more pronounced in the lives of children, the study, prepared by the California-based Insight Center for Community Economic Development, revealed.
