Crack Cocaine and Education

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From the 1960s to the 1980s the educational achievement gap between blacks and whites was shrinking. But around 1990 high school graduation rates for blacks began to drop. A new study suggests that the emergence of the crack cocaine market in the 1980s fueled this downward trend.

Guest: Craig Garthwaite, Assistant Professor of Management & Strategy at Northwestern University’s Kellogg School of Management.

Read Garthwaite’s working paper, “The White/Black Educational Gap, Stalled Progress, and the Long Term Consequences of the Emergence of Crack Cocaine Markets.”