This study compares the manifest dream content of African‐American college women with that of their Anglo‐American and Mexican‐American peers. The dream elements examined are characters, emotions, environmental press, achievement outcomes, and social interactions that are aggressive, friendly, or sexual. The results show a statistically significant difference on only one measure: environmental press. That is, the dreams of African Americans reveal a significantly stronger perception of themselves as victims of their fate rather than directors of it.