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Weatherhead’s Mark Schweitzer says inflation is widening the wealth gap between U.S. households

Media | October 14, 2026 | Story by: Editorial Staff

Americans' wealth and income are up, but credit card debt is too

USA Today: Mark Schweitzer, research associate professor at the Weatherhead School of Management, said high inflation has made life less affordable as U.S. household wealth grew just 2% from 2022 to 2025. Gains favored wealthier families benefiting from rising stocks and home values, while lower-income households saw wealth decline and credit card debt and missed payments increase.