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A 2‐page questionnaire dealing with career aspirations and expectations was administered to undergraduates at four institutions, of which two were women's colleges and two were universities. Results suggest that Black women as a group predict that they will be earning less than Black males; white women as a group predict that they will be earning less than white men but the pay gap is narrower. While some employers may believe that Black women enjoy a special advantage in the job market, students who are Black and female do not, it seems, share that optimism.