White men still earn more money than Blacks: report

Jet, April 7, 2003

Blacks and other minorities made significant gains in education and income during the past decade, but White men still make the most money, government data show.

On average, a White man with a college diploma earned about $65,000 in 2001 while Black and Hispanic men with college degrees earned 30 percent less. White women who are college graduates made about 40 percent less than White men, according to the Census Bureau.

And while almost half of Asians age 25 and older have graduated from college--nearly twice the rate of Whites--Asians still earned about 8 percent less than Whites.

Differences in income between White men and minorities were slightly lower on other educational levels. Black men with high school diplomas earned about 25 percent less than similarly educated Whites, and Black men with master's degrees earned 20 percent less than their White counterparts.

The figures come from the Census Bureau's annual look at educational achievement in America, culled from a March 2002 survey. While gaps exist, the bureau found record high educational levels for every group and the nation overall.