Poverty Across Generations Is Largely Gone for White Americans
- For Blacks, inheriting poverty from grandparents is common
- Study highlights ‘stark racial gap’ in persistence of poverty
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Poverty passed on over three generations affects just 1 in 100 White Americans, compared with 1 in 5 Blacks Americans.
That’s the finding of a paper from a team of researchers who examined racial disparities in income mobility and concluded there’s a “stark racial gap” in the persistence of poverty across multiple generations in the U.S.