That’s bad news for those who aren’t able to participate in such forms of advancement at the same rate as other races, especially because educational and wealth gains can be passed down to the next generation, which then helps families solidify their economic standing—a feat that has already proven more difficult for black families.
"Fewer people got married in England and Wales in 2013, the first decrease in marriages since 2009.
Though more and more Americans are hitting major milestones—like moving in together, buying homes, and having kids—without ever tying the knot, the institution of marriage still plays a pretty important role American life.
There is already a large wealth gap between black and white households, which is at its highest level since 1989, according to data from Pew Research.
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