Landmark Study on Historically Black Colleges & Universities

United Negro College Fund research finds $14.8B impact on the economy

WASHINGTON D.C. -  The United Negro College Fund presents what it calls a landmark study on the positive impact of American's 100 Historically Black Colleges and Universities (HBCU) on their students and their communities. 

Part of the study focuses on the class of 2014. 

Administrators at historically black colleges and universities gathered in Washington D.C. Tuesday as the study was released. 

Using data from 2014, the study found that HBCUs had a $14.8 billion dollar impact on the economy. 

“It’s transformative and these students go on to lead they become the leaders of our communities in many places,” said Reynold Verret, president of Xavier University of Louisiana. 

The study says HBCU support 134,000 jobs nationwide, both on and off campuses. 

Advocates are using the study to promote increased federal funding for HBCUs and a boost in grants dollars that support their students. 

U.S. Representative Terri Sewell from Alabama says Congress is not doing enough to provide that support. 

“It's unacceptable and we have to raise our voices and make sure that we are fighting the good fight," Alabama Rep. Terri Sewell (D) said. 

South Carolina Congressman James Cylburn spoke during the event about the impact attending an HBCU had on his life. 

“Really responsible for me being here about to celebrate my 25th year in the united states congress,” South Carolina Rep. James Clyburn (D) said.

Now armed with the new study advocates hope to broaden support for the institutions by showing the extent of their impact in communities across the country. 

More Stories

Don't Miss

Trending Stories

Latest News