You know the statement "Women own 60% of US wealth" is just MRA idiocy, right?

[Nine]

116. I think the Dept. of Education is the source for only the first bullet point.

...the one about what percentage of degree seekers at each level are women.

The second bullet point is the statement, "Women control nearly 60 percent of the wealth in the United States." It is a simple statement with nothing to back it up.

http://www.wlp.givingto.vt.edu/wealth/index.html

People need to realize this is not a scientific study done at VTech. It's a marketing page for one of their giving programs. The page could have been created by anyone and is completely meaningless. So for Business Insider to write, "More women are taking the reins on their finances, holding 60 percent of all personal wealth and 51 percent of all stocks in the U.S., according to Virginia Tech," is highly misleading.

http://www.businessinsider.com/infographic-women-control-the-money-in-america-2012-2

If this is indeed the source of the claim, it's a pretty hilarious illustration of how bad info gets around. Some marketing person creates a web page with a dubious, unsourced claim. Then some lazy business writer takes that marketing page as a reliable source and attributes the phony stat to VTech as if it were some sort of rigorous study done there. Then a gajillion other people start spreading the phony stat around. I really hate when people treat infographics as anything more than they are - statements with pretty pictures to go along with them. The statements can be true or false just like anything else you read, but because they've been put in professional looking graphic, people think they're more real or reliable.