Recession hits black colleges hard
Sun Feb 15, 2009 9:28pm EST
By Matthew Bigg
ATLANTA (Reuters) - Black colleges in the United States are reeling from the impact of a recession that has hit their funding and are struggling to retain poor and middle income students.
The big government economic stimulus package President Barack Obama is expected to sign on Tuesday could provide some relief in a downturn that is hurting dozens of small, private universities set up for African Americans that lack big endowments and rely on tuition fees.
The colleges are a legacy of a past era when black students were barred from white-dominated higher education. Although the country now has its first black president in Obama, these institutions still play a valuable role, educators and politicians say.
CLICK HERE FOR THE FULL STORY
No comments:
Post a Comment
We appreciates all comments and fosters free speech, however, keep in mind that we have young readers who peruse our site. Having said that, please refrain from using profane language, and know that flaming will not be tolerated. Spam will not be tolerated.