Black People Politics : Roll Over & Die, or Shut Up & Sell Out: HBCUs & the Talented Tenth in the Obama Era

Discussion in 'Black People Politics' started by RAPTOR, Oct 21, 2013.

  1. RAPTOR

    RAPTOR Well-Known Member MEMBER

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    by BAR managing editor Bruce A. Dixon
    When the Obama administration changed college loan rules in 2011, 28,000 students dropped out of HBCUs due to economic stress. The institutions themselves are facing fiscal doomsday unless something changes. The black misleadership class has led them into a corner, in which they can die or be auctioned off to corporate sponsors. Shamefully, some want Condoleeza Rice to be the next president at Howard.

    HBCUs constitute three percent of America’s colleges but produce 20 percent of black graduates, 50 percent of black public school teachers and lawyers, 80 percent of black judges, and 90 percent of black BA’s...”

    If there is a talented tenth, the phrase W.E.B. Dubois coined a century ago to denote the black elite whose success will enable them to somehow lift up the other 90% its beating heart lives those black colleges and universities. But the first black president is no fan of historically black colleges and universities.

    Back in 2011, the Obama administration, more in tune with what its Wall Street contributors want than what its voting constituents need, made student loans significantly more difficult to get. Its new policies immediately caused 28,000 mostly African American students to drop out of historically black colleges alone for lack of funds to continue their education, and denied historically black colleges and universities a crucial $150 million a year in revenue. In the two years since, historically black colleges have begged for the restoration of the old rules on college loans but to no avail.

    The Obama administration has compounded the injury by releasing what it calls “college scorecards” that rank schools by graduation rate at a time when poorer students are dropping out in huge numbers nationwide due to economic stress.

    Read more: http://blackagendareport.com/content/roll-over-die-or-shut-sell-out-hbcus-talented-tenth-obama-era
     
  2. Gorilla

    Gorilla Well-Known Member MEMBER

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    This really shows why heavy dependence of financial instruments like loans to help people get an education really fall short when trying to band-aid the problems of bad policy and a lack of investment from government. This bubble is going to sting.
     
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