Neither a college education nor a lifetime of work has provided the true solution to closing the wealth inequality gap between single Black women and single White women, as single White women have benefited far more from wealth being passed down to them from their families in contrast to that of Black women. This leads White women to rely less on debts like student loans, in comparison to Black women. A member of a White family is twice as likely to receive an inheritance in comparison to a Black family member, and the inheritance received is usually three times larger than what the Black family member would have received. For those families with inheritances to give, the White family’s wealth is likely to be 7.5 times larger than that of the black family’s wealth. For every dollar of wealth owned by a typical White family, the median Black family owns just five cents.