The endowment of the richest HBCU, Howard, was five times less than UT Austin’s endowment in 2016, never mind being thirty-six times less than the endowment of a Stanford or Yale. The racial wealth gap produces a giving gap. For public HBCUs, the giving gap extends to state-funding gaps, as racist policies steer more funds to HWCUs, like the current “performance based” state models.
The need for equity in spaces not just assimilation
