The Hidden Cost of Being African American

Download or read book The Hidden Cost of Being African American written by Thomas M. Shapiro and published by Oxford University Press. This book was released on 2004-02-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Shapiro reveals how the lack of family assets--inheritance, home equity, stocks, bonds, savings accounts, and other investments-- along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped.