Bay State Banner: Report reveals racial gap in wealth in Mass.


The “2009-2010 Assets & Opportunities Scorecard” was released last Tuesday by the Corporation for Enterprise Development (CFED), … sset poor,” meaning they lack sufficient net worth to subsist at the poverty level for three months in the absence of income. For whites, the figure is 20. 6 percent….One bill would increase access to education and training assistance for low-income, low-skilled adults. … Eldridge and others think the limits are too low, often restricting employment opportunities and discouraging savings….

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Bay State Banner: Report reveals racial gap in wealth in Mass.

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