Quote:
Originally posted by Professor
I had the opportunity to hear him present on Saturday at the Rock Mount NAACP Banquet. He said even if blacks and whites have equal education and ability blacks will still fall short. He gave the example of the two groups completing similar degree programs. Henoted blacks start off with $50, 000 in student loans - then marries someone with $50,000 in loans. Bro. Brown says blacks need to learn to invest in each other in order to create equal footing and advancement. Furthermore, he noted whites will take equity out of their home to pay for their children's education and leave them money and/or property so the next generation will have a better life.
Just food for thought - - -
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My take is this...I think blacks fall short moreso because of lifestyle choices...there are many white couples out there with student loans in excess of 60k... but its their lifestyle that make a difference...WE have to have the latest car...or that BIG house..or keep up with the latest trends...we seem to know nothing about frugality. We like to wear our paycheck on our visible person...as if we want to show others that we have "made it" ..whereas other groups don't try to keep up with the Joneses as much as we seem to. We invest LESS and spend more...
Did your frat touch on this at all??