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PeakTrader said...

The Journal of Blacks in Higher Education
First Year Enrollments of African-Americans at the Highest Ranked Universities, Fall 2008

http://www.jbhe.com/firstyearenrolls.html

The data include "black percentage of first year class," which is 7% to 8%, although the U.S. black population is 12%.

Recent trends in Black higher education

"The pool of highly competitive, academically-prepared African-American high school students has grown significantly (over time)...and the majority of these black students are drawn from these relatively privileged households."

https://www.blogger.com/comment.g?blogID=28997633&postID=7853457663764209929

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PeakTrader said...

A large proportion of white families, who lived in this country for generations, became wealthy, while a large proportion of black families did not.

Blacks were "put down" by American society for generations, which prevented them from building wealth for themselves and their families that other groups or families could and did.

African American Wealth
by Susan Anderson

History of race in America is in part one of economic subordination of black people, beginning with slavery and continuing, after Reconstruction, with the exclusion of blacks from certain occupations and professions.

Black business owners like Henry O'Bryant, who began in the 1950s by manufacturing uniforms recalls being told at the Frank Wiggins Trade School that tailoring classes were "reserved for white kids."

Broadway Federal Bank was established in 1946 by H. Claude Hudson, dentist and Los Angeles NAACP founder, to satisfy the post-World War II demand for homeownership when black GIs were denied mortgages by mainstream banks.