Though education is perceived to be the great equalizer, Black women with higher education consistently make less than their white counterparts. According to the National Center for Education Statistics, Black women accounted for 68 percent of associate’s degrees, 66 percent of bachelor’s degrees, 71 percent of master’s degrees and 65 percent of doctorate degrees awarded to Black students during that time frame. A report by Demos found that the median white adult who dropped out of high school has 70 percent more wealth than the median black adult with some college education.
