CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Four-Year Degree by Race

Definition

Ratio of the percent of the white, non-Hispanic population to populations of color (Black or African-American; American Indian and Native Alaskan; Asian; Native Hawaiian and other Pacific Islander; Hispanic or Latino; some other race; two or more races) 25 years old and over with at least a 4-year degree, 2010.

Calculated by dividing the higher value by the lower value, i.e., the percent of the white population with at least a 4-year degree divided the percent of populations of color with at least a 4-year degree, except in Vermont, New Hampshire and West Virginia where people of color have higher rates of college attainment.

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. For example, the college attainment rate of white people is 2.8 times higher than for people of color.

Description

Those with a college degree earn significantly more and accumulate more wealth over time than those with just a high school diploma, but the college attainment gap is increasingly becoming defined by race. This measure describes the disparity in college attainment between the white, non-Hispanic population and populations of color. In almost all states people of color have lower rates of college attainment. For example in the District of Columbia, white, non-Hispanics are three times more likely than people of color to have at least 4-year degrees (87% and 29%, respectively).

For more information, please visit the Achievement Gap Initiative at Harvard University.

toggle page width

Four-Year Degree by Race

StatePercent with At Least
4-Year Degree,
White (%)
Percent with At Least
4-Year Degree,
People of Color (%)
RatioRank
United States  31.4%  19.8%  1.59   
Alabama  24.4%  15.6%  1.56  24 
Alaska  32.9%  16.3%  2.02  43 
Arizona  31.5%  14.2%  2.23  47 
Arkansas  21.0%  13.3%  1.59  26 
California  38.9%  20.0%  1.95  42 
Colorado  42.5%  16.1%  2.64  49 
Connecticut  39.7%  20.7%  1.92  41 
Delaware  29.4%  23.4%  1.25 
District of Columbia  86.5%  28.5%  3.04  51 
Florida  28.8%  20.2%  1.43  18 
Georgia  31.4%  20.3%  1.54  23 
Hawaii  41.9%  24.5%  1.71  34 
Idaho  26.0%  11.3%  2.31  48 
Illinois  34.3%  21.1%  1.62  28 
Indiana  23.4%  17.8%  1.32 
Iowa  25.4%  17.8%  1.43  17 
Kansas  31.7%  19.4%  1.64  30 
Kentucky  20.8%  17.6%  1.18 
Louisiana  24.8%  15.1%  1.65  31 
Maine  26.9%  23.2%  1.16 
Maryland  40.7%  28.3%  1.44  20 
Massachusetts  41.2%  27.0%  1.53  21 
Michigan  26.3%  20.3%  1.29 
Minnesota  32.9%  23.2%  1.42  14 
Mississippi  22.9%  13.8%  1.66  32 
Missouri  26.6%  19.9%  1.33  10 
Montana  30.0%  17.0%  1.76  36 
Nebraska  30.3%  16.9%  1.79  39 
Nevada  25.1%  15.4%  1.63  29 
New Hampshire  32.5%  35.3%  1.08 
New Jersey  38.7%  27.0%  1.43  19 
New Mexico  37.2%  13.5%  2.77  50 
New York  38.0%  21.8%  1.75  35 
North Carolina  29.9%  17.7%  1.69  33 
North Dakota  28.2%  19.9%  1.42  16 
Ohio  25.5%  19.8%  1.28 
Oklahoma  24.8%  16.2%  1.54  22 
Oregon  30.2%  19.3%  1.56  25 
Pennsylvania  28.3%  19.9%  1.42  15 
Rhode Island  33.1%  15.2%  2.17  46 
South Carolina  28.8%  15.2%  1.90  40 
South Dakota  27.5%  15.6%  1.77  38 
Tennessee  24.4%  17.4%  1.40  12 
Texas  34.1%  16.1%  2.12  45 
Utah  31.9%  15.0%  2.12  44 
Vermont  33.3%  40.6%  1.22 
Virginia  37.5%  26.7%  1.40  11 
Washington  32.7%  23.2%  1.41  13 
West Virginia  17.4%  20.8%  1.19 
Wisconsin  27.5%  17.2%  1.59  27 
Wyoming  25.2%  14.3%  1.77  37 

Source

2010 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2010.

Copyright © 2016 CFED — Corporation for Enterprise Development 1200 G Street, NW Suite 400 Washington, DC 20005 202.408.9788