Creating Jobs and Graduates: The Economic Impact of HBCUs

If they were a company, the nation’s 101 HBCUs would place in the top 50 of the nation’s Fortune 500 companies in job creation. That's according to the 2024 HBCU Economic Impact Report by UNCF, which shows HBCUs have a $16.5 billion impact on the United States, creating more than 136,000 jobs and generating $146 billion in lifetime earnings for the collective HBCU graduates of 2021. Dr. Nadrea Njoku, Assistant Vice President of UNCF's Patterson Research Institute, and UNCF Senior Vice President of Public Policy and Government Affairs Lodriguez Murray discuss the findings of the report and a call to action to "vote for HBCUs" and continued federal and state funding in November.

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