There are many reasons one might want to eliminate all student debt or a substantial part of student debt but bridging the racial wealth divide is not one of them. Though many in their push to advance strong student debt cancellation use racial equity as a rallying cry, it has long been known that eliminating student debt without very progressive targeting is an action that would benefit the highest income households and would actually increase the Black/white wealth divide in young households.

First it is important to remember that only about 40% of 18 to 24 year olds are enrolled…

By Dedrick Asante-Muhammad and Jamie Buell, published on the NCRC website, May 27, 2021


For most Americans, homeownership is the greatest wealth-building asset. However, Black homeownership continues to significantly lag behind White homeownership. This brief explores the potential for Landis, a lease-to-own homeownership company, to make homeownership more accessible for African Americans.

Key Takeaways

  • Increasing homeownership for Black Americans (which has remained at a steady rate of low to mid 40% range since 1960) is an important step to bridging the racial wealth divide. …

By: Sabrina Terry and Dedrick Asante-Muhammad, published in the Wisconson State Journal, June 13, 2021

On Juneteenth, June 19, we celebrate Union Army General Gordon Granger’s order to free the people still enslaved in Texas. The holiday marks the effective end of slavery in the United States.

Although President Lincoln, in his Emancipation Proclamation, banned slavery in all Confederate states two and a half years earlier, it took enforcement by Union troops to actually uproot the practice. As one of the most remote slave states at the time, Texas was in the last wave of enforcement.

Now, over 150 years…

Authors: Dedrick Asante-Muhammad, Chief of Membership, Policy and Equity at NCRC
Jamie Buell, Coordinator of Racial Economic Equity at NCRC
Talib Graves-Manns, Co-Founder of Partners in Equity NC
Wilson Lester, Co-Founder of Partners in Equity NC
Napoleon Wallace, Co-Founder of Partners in Equity NC

Originally published on the NCRC website.

Key Takeaways

  • Despite growth of Black entrepreneurship over the last decade, existing disparities between Black businesses and non-Black businesses is narrowing the pathway to greater employee and revenue growth for these firms.
  • The economic consequences of the global pandemic has amplified the disparate and unequal access to financing for Black-owned businesses, causing…

A Radical Goal for Black Wealth Development

As our country looks to “build back better,” Chinatowns show how to foster vibrant, welcoming communities of all kinds.

Much like other communities, Asian Americans have a long history of developing spaces and institutions to advance themselves in a country that often gave them little support. The Chinatowns found across the country derive from this history.

This May, Asian American History Month, it’s worth taking a look at what we can learn from them.

During the first wave of Chinese immigration in the mid-1800s, Chinese workers came to the U.S. to build the transcontinental railroad, search for California gold, and improve their lives. These Chinese laborers were paid less than white workers and were often blamed for driving down…

By Catherine Ruetschlin, Dedrick Asante-Muhammad

Originally published with Demos Next 20 on December 4, 2013

Download the full pdf here.

Executive Summary

In the wake of the worst effects of the Great Recession, African Americans, like Americans as a whole, are getting their balance sheets in order and paying down credit card debt. But new research from Demos’ National Survey on Credit Card Debt of Low-and Middle-Income Households finds that African Americans face challenges to their financial security that are unlike those of white households. In early 2012 Demos surveyed a nationally representative sample of moderate-income households carrying credit card debt for…

Dedrick Asante-Muhammad

Dedrick Asante-Muhammad focuses on studying and advocating for solutions concerning racial economic inequality and the racial wealth divide in particular.

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