According to The Century Foundation 2020 Report, "the United States is underfunding its public schools by nearly $150 billion annually, robbing millions of children—predominantly minority and low-income children—of the opportunity to succeed."
Following the same source:
"School districts with high concentrations of Latinx and Black students are much more likely to be underfunded than majority white districts, and face much wider funding gaps, an average deficit of more than $5,000 per student
"Low-income school districts are more than twice as likely to have a funding gap as higher income districts."
"Districts with the highest concentrations of poverty—those in the highest 20 percent of districts by Census poverty rate—are 2.6 times more likely to have a funding gap. The average gap in these districts is more than $6,700 per pupil."
"Black students are disproportionately concentrated in poorly funded, low-performing districts.
While only 8 percent of children in well-funded, high-performing districts are Black, over 20 percent of children in poorly funded, low-performing districts are Black."
"Districts that have more than 50 percent Black or Latinx enrollment are nearly twice as likely to have a funding gap than districts with minority enrollment less than 50 percent. "
African American students are less likely than white students to have access to college-ready courses. In 2011-12, only 57 percent of black students have access to a full range of math and science courses necessary for college readiness, compared to with 81 percent of Asian American students and 71 percent of white students.