Friday, February 27, 2009

Black Campuses in Crisis

The economy has severely affected historically black colleges and universities. Morris Brown College is a prime example of the damage that has taken place. Down to 151 students and $30 million in debt, this institution only narrowly missed having its water shut off for the second time this school year. You can read about it here.

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.

No comments: