The differences in income and wealth in this country are directly caused by educational attainment, or lack thereof. People with advanced degrees earn the most, and college graduates are close behind them. People with only a high school diploma earn far less, and for high school dropouts, getting a job that pays above minimum wage is almost impossible.
Hispanics drop out of high school in much,
much higher percentages than whites do. And only a very small
percentage of minorities go on to complete college, let alone graduate
or professional school.
Many studies have been done proving that
educational attainment is by far THE biggest factor in income and wealth
disparities. Thus this "study" done by the Urban Institute was quite
disingenuous, to say the least.....