United Negro College Fund's Economic Impact Report Highlights the Contributions of HBCUs
Diverse: Issues in Higher Education
SEPTEMBER 12, 2024
The United Negro College Fund (UNCF) released its 2024 HBCU Economic Impact Report, detailing how historically Black colleges and universities (HBCUs) have been drivers for social mobility and economic growth throughout the nation. The report, " Transforming Futures: The Economic Engines of HBCUs", commissioned by UNCF’s Frederick D. Patterson Research Institute (FDPRI), is a comprehensive, data-driven analysis pointing out that HBCUs generate $16.5 billion in direct economic impact nationally.
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