Black Colleges Have to Pay More for Loans Than Other Schools [theatlantic.com]
It’s expensive to be poor. And few places in higher education feel that more acutely than historically black colleges and universities (HBCUs), where endowments are typically smaller and enrollments have fluctuated wildly over the past decade. Now, to be clear, the financial misfortune of black colleges does not rest squarely on their shoulders. Born out of necessity primarily after the Civil War to educate black people who were shut out of most other colleges, the institutions have been...