Politics
Cory Booker has a $100 billion plan for Historically Black Colleges and Universities
Bloomberg | Senator Cory Booker is calling for a US$100 billion investment in historically black colleges and universities (HBCUs) and other minority-serving institutions.
In addition to making the educational establishments more affordable, Booker’s plan focuses on bolstering science, technology, engineering and math programs. He is calling for the Department of Education to offer US$30 billion worth of grants to improve those departments and an additional US$30 billion to upgrade infrastructure.
Under his proposal to address climate change, 10 percent of “Moonshot Hubs” – Booker’s proposed laboratories devoted to researching ways to combat global warming – would be be based in HBCUs or other minority-serving institutions.
One in 5 African Americans with bachelor’s degrees graduated from an HBCU. Last month Bernie Sanders outlined his plan for tuition-free HBCUs and Pete Buttigieg called for increasing funding for HBCUs by US$50 billion.