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HBCU

A gift left the Morehouse Class of '19 debt-free. Here's how it's changing their lives.

by Samantha Fields
May 13, 2021
Billionaire investor Robert F. Smith paid off their student loans. Now they're trying to pay their good fortune forward.
Elijah Dormeus is “literally still in awe of the love that was given to the class, all 400 of us.” Above, Dormeus is surrounded by his family at his Morehouse graduation in 2019.
Courtesy Elijah Dormeus
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Race and Economy

Historically Black colleges get a $120 million gift. They need it.

by Erika Beras
Jun 18, 2020
The co-founder of Netflix and his wife hope their donations will help “reverse generations of inequality.”
A Morehouse College graduation ceremony. The HBCU is one of the recipients of a $120 million donation from Netflix CEO Reed Hastings.
Erik S. Lesser/Getty Images
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States benefit economically from HBCUs, report finds

by Erika Beras
Jun 25, 2019
Historically black colleges and universities employ local residents, engage with local businesses and churn out high-earning graduates who stay in the area, the report says.
Howard University in Washington, D.C., is a historically black university.
Win McNamee/Getty Images
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