UNCF Releases HBCU Economic Impact Report
Historically Black Colleges Make Multi-Billion-Dollar Economic Impact, New UNCF Study Finds
America’s historically black colleges and universities (HBCUs) inject billions of dollars in economic impact into the national economy, according to HBCUs Make America Strong: The Positive Economic Impact of Historically Black Colleges and Universities, a landmark study released today by UNCF. The impact described in the report includes almost $15 billion annually in economic impact. This study clearly enumerates the significant economic contributions of 100 HBCUs by focusing on the institutions’ far-reaching economic effects that can be felt in communities and nationwide, as well as the increased earning power of their students.