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Wednesday, May 06, 2009

Stimulus Could Save Struggling HBCUs

President Obama’s economic stimulus package could provide a big help to thecountry’s Black colleges, which have been hit hard by the economic slump. Historically Black colleges and universities usually lack big endowments and aren’t receiving as much state funding for education, according to Reuters. Combine that with the majority of the student body coming from low- or
middle-income families means more and more of these schools are relying on tuition to keep their doors open.

Recently Clark Atlanta University laid off 70 of its 229 full-time faculty.

The $787 billion stimulus bill includes money that will help create infrastructure projects on HBCU campuses, improvements in technology, and increased federal grants for students from low-income families.


A.Poole said...

It sad to see that when things get hard, it's the community that feels it first. As a student of FAMU, I've directly seen the effects that budget cuts have had on my education personally, by losing precious teachers and the school altering our class schedules. Our HBCUs are so essential to the community. And with enrollment slipping, we need all the boost we can get.

Anonymous said...

This is why it is important for alumni to GIVE BACK! Helping to build the endowments will enable colleges to continue with their work when the economy is weak.

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