Although colleges and universities of all kinds across the country are facing a crisis, historically black institutions have two significant disadvantages when it comes to dealing with hard times: smaller endowments, which mean heavier reliance on tuition and fees, and a higher proportion of disadvantaged students who are now facing a credit crunch when they apply for loans.
Having a proud lineage, historically black colleges and universities will tough it out to provide an environment in which black students who might otherwise have trouble graduating can flourish.
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