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What will be the impact of funding on the percentage of Black professionals HBCUs produce by 2030?
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Biden-Harris Administration Announces Historic $16 Billion Investment in HBCUs, $300 Million for Diversity in Schools
May 18, 2024, 10:13 PM
The Biden-Harris Administration has announced a historic investment of over $16 billion in Historically Black Colleges and Universities (HBCUs), marking the largest federal funding ever allocated to these institutions. HBCUs play a crucial role in the education and economic mobility of Black families, producing 40% of Black engineers, 50% of Black teachers, 70% of Black doctors and dentists, and 80% of Black judges. This investment underscores the administration's commitment to supporting HBCUs and ensuring equity in education. Additionally, President Biden announced an additional $300 million for diversity in schools, including $20 million allocated specifically for this purpose. The announcement was made at Morehouse’s commencement, and Representative Steny Hoyer highlighted the significance of this investment for institutions like Bowie State.
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