On April 10, Facebook CEO Mark Zuckerberg testified before Commerce Committees and a joint Senate Judiciary regarding Facebook’s handling of user data on Capitol Hill. The hearings aimed to delve into Zuckerberg’s work with the third party group Cambridge Analytica.
While this affected all communities, the ACLU study displays that the subprime financing disproportionately affected Black communities, even accounting for upper income Black households. Additionally a report from the Department of Treasury found that Black and Latinx households were almost 50% more likely to face foreclosure then white households. This evidence of racial disparities in subprime lending shows Americans the social impact of the 2008 housing bubble burst.
To many who favor net neutrality, the internet levels the playing field of knowledge for those who cannot afford to go to school. Without net neutrality, education would potentially be tilted in favor of the upper middle class, pushing those who cannot afford higher prices behind.