Business

OP-ED: We Must Work Together to Support the Sustainability of HBCUs in America

NNPA NEWSWIRE — The loss of Title IV funding would drastically affect around 80 percent of the student bodies at HBCUs and would have a consequential negative impact on the future of these vital institutions of higher education. Endowments at HBCUs pale in comparison to those at the U.S.’s top ranked colleges and universities, with the overall endowments at all the country’s HBCUs accounting for less than a tenth of Harvard’s. The gap in funding between PWIs and HBCUs isn’t just because of smaller endowments, it’s also because state lawmakers keep funds off HBCU campuses – in North Carolina, for example, legislators awarded N.C. State an extra $79 million for research while N.C. A&T – the nation’s largest HBCU – was given only $9.5 million. […]