Debt disparities persist between races in Charleston and across S.C.
Wealth gap exacerbated by long-standing wage disparities
January 15, 2020 at 1:02PM
In Charleston County, nonwhite residents are twice as likely to have at least one debt in collections as their white counterparts, according to a recent Urban Institute study. The driving force behind the data, updated in late December 2019, isn't a wage gap between white and nonwhite, which has persisted nationwide, but rather the racial wealth gap.