College Grads Got Lion’s Share of Pandemic Wealth Gains in U.S.
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The extra wealth created in the U.S. during the pandemic flowed overwhelmingly to households headed by a college graduate, according to the latest data from the Federal Reserve.
Those households have seen their net worth surge by $23.4 trillion since the end of 2019, Fed data show. That’s almost three times as much as the wealth accumulated by households headed by someone without a college degree -- which make up a majority of the country’s population.