Medium, January 30th, 2019: An African American path to the middle class
African American families are much less likely to be middle class than white families, more likely to fall out of the middle class after achieving this status, and less likely to see their children reach the middle class. Some researchers and commentators attribute these outcomes to insufficient saving and investment by African American families?—?either due to a lack of knowledge or an unwillingness to save. Based on this view, the solution is to design policies to change their behavior.
