The Racial Wealth Gap: Financial and Other Resources for Historically Black Colleges and Universities (HBCU)

Overview

Historically Black Colleges and Universities (HBCU) understand the importance and consequences of wealth-building based on historical racial privilege. The implications of the widening wealth gap in America’s economy are critical to advancing actions to improve economic outcomes for all, including Black youth and young adults with disabilities.

Race and wealth disparities between Black and white families were magnified during COVID-19. Systemic barriers, policies, procedures, and practices, such as redlining, appraisal bias, and credit discrimination, prevent people of color with and without a disability from participating in wealth-building.

Watch this LEAD Center webinar with speakers from the Consumer Financial Protection Bureau, and the U.S. Department of Labor to learn more about the racial wealth gap and financial resources, including:

• Unique challenges to economic growth that many Black Americans encounter on their journey to financial well-being
• Review of effective, accessible, and inclusive financial education, resources, and tools found in DOL’s “Secure Your Financial Future Toolkit” that may be helpful to HBCU students and adults with disabilities
• State-by-state scan of programs, policies, resources, and initiatives that support students with disabilities transitioning to employment during and after the COVID-19 pandemic
• DOL’s Office of Apprenticeship HBCU apprenticeship initiatives

Featured Speakers

• Charles Nier, Senior Counsel, Office of Supervision Policy, and Desmond Brown, Assistant Director, Office of Consumer Education, Consumer Financial Protection Bureau (CFPB)
• Edward Mitchell, ABLE National Resource Center, BIPOC Ambassador
• Jennifer G. Thomas, Policy Advisor, Youth Policy, Office of Disability Employment Policy (ODEP), U.S. Department of Labor
• Angela McDaniel, Diversity, Equity, Inclusion & Accessibility (DEIA) Lead for Apprenticeship, Employment and Training Administration (ETA), U.S. Department of Labor

This webinar is especially useful for HBCU presidents, provosts, parents, policymakers, administrators, financial educators, practitioners, counselors, disability liaisons, researchers, students, and related stakeholders interested in sharing information and best practices to advance their work for all Americans, including youth and young adults with disabilities.