New Report Examines The Disparate Impact of COVID-19 on Student Loan Debt for Blacks
A new study by the Center for Responsible Lending finds that women carry about two-thirds of the $1.7 trillion of federal student loan debt and Black women are more than twice as likely as White men to owe more than $50,000 in undergraduate student loan debt.
A New $150 Million Program to Boost Graduate Education for Underrepresented Students
Carnegie Mellon University in Pittsburgh and the Norman and Ruth Rales Foundation recently announced CMU Rales Fellows Program is expected each year to underwrite 86 graduate students in STEM fields in perpetuity, educating thousands of research and industry leaders in the coming decades.
New Africana Studies Fellowship Created at Georgia State University
The department of Africana studies at Georgia State University has announced the establishment of the Jacqueline Rouse-Doris Derby Africana Studies Fellowship program. The program honors two women who played a significant role in the development of the Africana studies program at the university.
Racial Differences in Financial Aid Awards
At the graduate level, Whites were slightly more likely than Blacks to receive grants but the average grant to Whites was $1,900 more than the average grant to women. Nearly 11 percent of White graduate students were graduate assistants compared to 7.6 percent of Black graduate students. More than 60 percent of Black graduate students took out loans compared to 41 percent of Whites.
Coppin State University to Offer In-State Tuition Rates to Many Students From Outside Maryland
Historically Black Coppin State University in Baltimore announced new full-time undergraduate degree-seeking students admitted to the university from more than 30 states and U.S. territories outside of Maryland, will be eligible to pay in-state tuition upon enrollment. For the 2022-23 academic year, tuition at Coppin State was $6,904 for Maryland residents and $13,560 for students from outside Maryland.
New Legislation Aims to Boost Entrepreneurial Efforts of HBCU Students
Congresswoman Nikema Williams (GA-05) has introduced the Minority Entrepreneurship Grant Program Act, bipartisan legislation that creates a grant program with the Small Business Administration for entrepreneurs at minority-serving institutions like historically Black colleges and universities.
