Federal coronavirus relief aid may not be enough to change the long-term fortunes of some historically Black colleges that have struggled with declining enrollment and weak fundraising. piperhudsburn jeffamy
after critics questioned her credentials, specifically her Pulitzer Prize-winning work “The 1619 Project,” which traces the country’s history with slavery. Coates, a Howard graduate, is a journalist and best-selling author who also recently joined Howard’s faculty.Billions of dollars in federal virus relief will help higher education, but it may not be enough to change the long-term fortunes of some historically Black schools.
As a rule, Black colleges also haven’t had the fundraising ability of other universities. The cumulative endowment for all historical Black colleges through 2019 was a little more than $3.9 billion. That’s about equal to the endowment for the University of Minnesota alone.
“It’s allowing the schools to see the opportunity to be bigger than they previously thought was possible,” said Harry Williams, president and chief executive of the Thurgood Marshall fund. Shaw plans to use the money to fix older buildings and dormitories and expand a variety of student services. The federal aid can be used to make up for lost tuition income during the pandemic, hire more faculty, offer pay raises and upgrade heating and air-conditioning systems.
Student debt is a significant drag on graduates of historically Black colleges, and administrators say it hurts enrollment. Limited endowments mean their campuses can’t subsidize tuition as much as wealthier colleges. At Shaw, officials hope renewed national interest in historically Black colleges and the role they play could spark enthusiasm for schools with much smaller endowments that have had to choose between updating buildings, closing programs or keeping tuition affordable for their students.
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