This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree. They assume that degree is the only gateway to the American middle class.
It shouldn’t be.
For one thing, a four-year liberal arts degree is hugely expensive. Too many young people…
- The net worth of the average black household in the United States is $6,314, compared with $110,500 for the average white household, according to 2011 census data.
- The United States now has a greater wealth gap by race than South Africa did during apartheid. Whites in America on average own…