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HBCU Archives - Institute of the Black World 21st Century

Dr. Lezli Baskerville, President/CEO, President/CEO of the National Association for Equal Opportunity in Higher Education

Black Wealth 2020 Adds HBCUs to Its Economic Empowerment Agenda

By Editors' Choice

The catalyst for Black wealth also applauds Robert Smith’s gift to Morehouse Graduates. By Hazel Trice Edney — The short-term economic impact of Historically Black Colleges and Universities (HBCUs) is $15 billion – rivaling corporations such as Bank of America in its more than 177,000 employees. Yet, according to the U. S. Department of Education, approximately 60 percent of all Black college students have no expectation of family financial contributions to…

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Commentary, Articles and Essays by Dr. Julianne Malveaux

Meharry’s Juul Grant Is Good News

By Dr. Julianne Malveaux

By Dr. Julianne Malveaux — Should Meharry Medical College, a Historically Black College (HBCU) established in 1876 in Nashville, have accepted $7.5 million from Juul Labs, the controversial e-cigarette company that provides an alternative to smoking tobacco? Meharry says it will use the grant, the second-largest it has ever received, to study public health issues and African Americans, including the health effects of tobacco products. They will establish a Center…

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National Museum of African American History and Culture

Debt-Free: Five Things to Know About the Billionaire Donor Behind That Morehouse Gift

By News & Current Affairs

By Ade Adeniji, Inside Philanthropy — It’s graduation season again, as students around the country don their caps and gowns, receive cheers from family, and then scramble to move out of their dorms. At Morehouse College, the all-male historically black college founded in 1857 in Atlanta, the nearly 400-member class of 2019 watched billionaire private equity veteran Robert F. Smith deliver the commencement address and receive an honorary doctorate. Near…

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Black Billionaire Robert Smith Pays Off Student Loan Debt of 400 Morehouse Students

Black Billionaire Robert Smith Pays Off Student Loan Debt of 400 Morehouse Students

By News & Current Affairs

By Lauren Victoria Burke, NNPA — During what will likely be seen as one of the most memorable graduation presents for parents and their children — a quiet African American billionaire delivered a welcomed surprise. At their graduation on May 19, investor and chemical engineer Robert Smith announced he would pay off the student loan debt of Morehouse’s 2019 graduating class. Morehouse’s graduating class is 400 strong. Smith’s graduation gift…

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