Financial Advice Offered to HBCU Leaders

Financial Advice Offered to HBCU Leaders: Despite diminished endowments and decreased donor and public support undermining the finances of historically Black colleges and universities (HBCUs) this past year, Black schools can pursue a number of strategies to restore their fiscal health, a panel of business and investment professionals told Black college leaders at the annual HBCU Week conference in Washington, D.C. During the Monday workshop, “Methods to Strengthen Fiscal Capacity,” experts told some 50 Black college officials that HBCUs can survive and thrive despite the economic downturn that plunged the nation into a deep recession late last year.