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NPR on "Mending" the Wealth Gap

Sep 16, 2011 | By Eric Gibble

In the midst of disheartening data regarding the rise of inequality in our nation, it is encouraging that some communities are taking time to mind the gap by working on measures to mend it. This piece by NPR highlights a new program that encourages lower-income youth to achieve a higher education.

Some notes:

  • The gap in the wealth of white families and what's owned by blacks and Hispanics has widened in recent years. Researchers say it will widen even more unless steps are taken to break what's become a vicious cycle — the rich getting richer and the poor struggling to keep from falling further behind.
  • The city of San Francisco is taking one step to help even the playing field. Children entering the city's kindergartens are getting their own college savings accounts.
  • "It's all about building aspirations in that child's mind," says City Treasurer Jose Cisneros.

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