The Dream Revisited: Segregation & the Financial Crisis
Segregation and the Financial Crisis, the lastest discussion on The Dream Revisited, debates the extent to which segregation exacerbated the unequal effects of the mortgage-driven financial collapse of 2007 and ways to address racial disparities in mortgage lending.
Essays in the discussion include:
- Segregation Exacerbated the Great Recession by Jacob Faber, an Assistant Professor of public service at the NYU Robert F. Wagner Graduate School of Public Service;
- Segregation May Hurt Minorities, but Its Role in the Great Recession is Far Less Clear by Stephen L. Ross, an Professor of economics at the University of Connecticut;
- The Contemporary Relevance of Decades-old Fair Lending Laws by Patrice Ficklin, the Assistant Director of the Division of Fair Lending at the Consumer Financial Protection Bureau; and
- The Connection Between Segregation, Predatory Lending, and Black Wealth by Ngina Chiteji, an Associate Professor of economics at the NYU Robert F. Wagner Graduate School of Public Service
The Dream Revisited a series of thoughtful debates on issues related to racial and economic segregation in neighborhoods and schools. It is a project of the NYU Furman Center and edited by Ingrid Gould Ellen and Justin Steil. Past discussions have explored the poor door debate, implicit bias, place-based affirmative action, gentrification, and economic segregation in schools.
To learn about new discussions on The Dream Revisited, join the NYU Furman Center mailing list. Share your questions and reactions to the essays on Twitter via the hashtag #TheDreamRevisited.
The Dream Revisited is supported in part by a grant from the Open Society Foundations. If you have any comments or suggestions for future discussions, email us at furmancenter@nyu.com.
