1 In 10 HBCUs Were Financially Fragile Before COVID-19 Endangered All Colleges And Universities
By reducing enrollment and disrupting instruction, the COVID-19 pandemic is generating financial distress for all colleges and universities.
Schools that were already financially fragile before this health emergency and economic recession began could soon face even greater risks. That includes several historically Black colleges and universities, or HBCUs.
Based on my economic research regarding HBCUs and as a Morehouse College graduate, I’m concerned about the long-term prospects of these institutions for many reasons. One is that HBCUs like my alma mater have long served as vehicles of upward social and economic mobility for African Americans denied opportunities elsewhere.
Federal watchlist
The Department of Education tracks which colleges and universities are most at risk of closure ...