Tue., September 27
Getting Out of Debt

 

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Minding the Wealth Gap

The latest poverty rates show that more Americans are poor than ever before. On top of this, we now have a racial wealth gap that’s the widest it’s ever been between whites, African Americans, and Latinos. Today, the median wealth of white households is 20 times that of black households, according to a Pew study, and the pressures of this economic inequality are leading to debt. With the top one percent commanding one-third of all wealth, the bottom 99 percent are using credit cards to keep up with the proverbial Joneses. We’ll explore these issues- from the forces that are creating and sustaining economic inequities to a program in Boston that’s getting people out of debt.

Getting Out of Debt

GUESTS: Joel Schwartz: director of Moving from Debt to Assets at the Greater Boston Interfaith Organization
Nia Imani: Mattapan resident, and recent "Moving from Debt to Assets" graduate who got out of credit card debt 

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