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

Table A.4: Main wealth categories Table A.5: Selected key wealth elements Appendix B Table B.1: Correlation between dependent and independent variables African American Median Household Wealth and Income- Some main components School Choice Year i Wealth year Enrollment Year Net Worth Income Assets Financial Assets Investment Funds Life Insurance Retirement Stock Holdings Home Ownership Vehicles Owned Business Equity Debt Loans C.Card Debt Education Loans African American All 1 1989 1990 8.6 22.8 53.4 4.0 89.5 4.0 11.9 8.0 89.5 9.9 4.0 9.9 15.9 1.2 4.0 208,682 257,152 2 1992 1993 17.7 31.1 54.3 4.6 17.9 5.4 9.8 10.4 82.2 8.2 20.6 10.0 18.2 1.3 5.2 231,198 282,856 3 1995 1996 18.2 29.1 50.1 7.4 7.3 8.3 13.4 7.3 96.8 11.7 12.5 10.3 18.0 1.7 5.8 224,201 273,018 4 1998 1999 24.4 30.3 55.1 9.9 12.6 7.9 17.3 11.8 110.1 12.6 7.9 18.9 17.9 1.4 8.0 226,592 274,321 5 2001 2002 27.9 35.6 84.2 12.4 18.8 8.7 12.3 14.4 115.5 14.4 72.2 27.4 25.4 2.2 7.2 247,292 299,041 6 2004 2005 27.7 37.6 74.6 5.6 24.4 4.7 20.3 15.6 141.0 11.3 39.9 40.7 24.5 1.9 11.5 256,584 311,768 7 2007 2008 25.9 38.1 87.6 9.0 27.2 6.2 32.1 18.5 185.2 12.2 30.9 37.5 22.6 2.5 11.4 258,402 313,491 8 2010 2011 18.7 35.9 73.2 7.2 35.3 4.2 21.2 10.6 141.4 12.5 35.3 36.6 24.4 2.2 15.3 263,435 323,648 9 2013 2014 14.4 34.5 58.4 5.5 16.5 3.3 20.9 9.1 120.8 12.1 15.4 28.6 26.4 1.6 16.5 231,889 294,316 10 2016 2017 18.2 37.7 49.5 4.3 28.7 4.0 26.3 12.8 131.9 13.8 29.5 33.4 34.5 1.5 21.3 226,847 298,134 HBCUEnrollment 15 Global Journal of Management and Business Research Volume XXII Issue IV Version I Year 2022 ( ) B © 2022 Global Journals Racial and Community Wealth Disparity the Bane of HBCUs: A Wealth Ecology Model Relational Perspective