7 U.S. Census Bureau, Current Population Survey, 2017 Annual Social and Economic Supplement, “ Educational  Attainment in the United States: 2017,” December 14, 2017. 8 William R. Emmons, Ana H. Kent, and Lowell R. Ricketts, The Demographics of Wealth: How Education, Race  and Birth Year Shape Financial Outcome (PDF), Essay No. 1 (St. Louis: Federal Reserve Bank of St. Louis, February 2018).
9 For example, data from our Survey of Household Economics and Decisionmaking (SHED) show that in 2016,  only about half of white households had three months of emergency savings, but this was the case for less than two-fifths of black and Hispanic households. The 2016 SHED is a t www.federalreserve.gov/consumerscommunities/shed.htm. See also the Survey of Consumer Finances at www.federalreserve.gov/econres/scfindex.htm.