Global Journal of Management and Business Research, B: Economics and Commerce, Volume 22 Issue 4

Global Journal of Management and Business Research: B Economics and Commerce Volume 22 Issue 4 Version 1.0 Year 2022 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-4588 & Print ISSN: 0975-5853 Racial and Community Wealth Disparity the Bane of HBCUs: A Wealth Ecology Model Relational Perspective By Ebenezer Seisie-Amoasi & Oliver Jones, Ph.D. Hampton University Abstract- Racial wealth disparities in the U.S. continues to persist despite community, state and federal governments programs to arrest the slide. Contemporary community wealth creation approaches using anchor institutions concepts to bridge the gap assume the wealth improvement duality of the community and the anchor institution coming together with external agents of support. For an HBCU (Historical Black Colleges and Universities) as anchor institution, the improvement duality assumption links its fortunes with that of its community served. The study performs a regression analysis to determine the degree of the relationship and its direction. Measured African American family wealth status using the SCF data on median US household wealth and HBCU school choice by annual enrollment numbers from NCES digest of educational statistics, the analysis yields significant positive effects of student wealth status on HBCU school choice. Keywords: racial wealth disparity, median household wealth, anchor mission, behavioral intention, school choice. GJMBR-B Classification: DDC Code: 335.02 LCC Code: HX810.5 RacialandCommunityWealthDisparitytheBaneofHBCUsAWealthEcologyModelRelationalPerspective Strictly as per the compliance and regulations of: © 2022. Ebenezer Seisie-Amoasi & Oliver Jones, Ph.D. This research/review article is distributed under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creative commons.org/licenses/by-nc-nd/4.0/.