We won’t have any black Mark Zuckerbergs or Bill Gates till we do this

“The median wealth of black families ‘is on a path to hit zero by 2053,’ if current trends hold. So says a 2017 study published by the Institute of Policy Studies. Meaning, the black middle class will have zero net wealth (assets minus debt) if they don’t find another way to succeed and to reduce their debts. Some preach the gospel of college degrees as a means to build individual assets, but students on that path often end up saddled with debilitating debt. The anti-college crowd preaches entrepreneurialism, but without the social networks and technical skills that colleges provide, black students can’t connect with deep-pocketed investors who sponsor tech start-ups, which currently offer the fastest pathway to individual wealth.”