Skip to content

How Barack Obama Hurt Historically Black Colleges and Universities

December 7, 2009

From this Link:

Leaders of historically black colleges say they’ll fight a reduction in a federal program they call a financial lifeline at a time of economic distress for the schools and their students.

President Barack Obama’s education budget included major spending increases in many areas — but didn’t include an extra $85 million that black institutions have received annually for the past two years thanks to a 2007 change to the student loan laws.

That two-year-old program provided direct funds to federally recognized HBCUs — historically black colleges and universities.

Other direct federal support to the schools would increase from $238 million to $250 million, but with the expiration of the HBCU fund the schools effectively would see a $73 million cut.

A program supporting Native American tribal colleges would also see decreased funding, while one for institutions serving large numbers of Hispanic students would see an increase from $93 million to $98 million.

Share

Advertisements
One Comment leave one →
  1. rene permalink
    December 9, 2009 8:02 pm

    he’s trying to prove he’s not overly sensitive to our needs, being he is one of us. are you surprised?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: