Disparities in Debt: Making a case for economic equity

Disparities in Debt: Making a case for economic equity

Wealth can provide countless opportunities—paying for an education without student loans, buying goods without needing financing, and building a retirement nest egg, for example. Unfortunately, wealth is unequally distributed by race in the United States, and several key factors (disparities in credit reporting and scoring, student loans and other debt, predatory lending practices, etc.) exacerbate this vicious cycle of wealth inequality. These disparities in debt, compounded by income inequality, hinder upward mobility for many in communities of color.

Join Consumer Action on Tuesday, July 18, for a train-the-trainer webinar on “Disparities in Debt: Making a case for economic equity.” This free 90-minute training will explore how various types of debt can impact certain households and fuel the wealth gap in the United States, and will also examine economic cases that offer an analytical framework for understanding the impact economic equity can have on our economy.