HBCUs have emerged as institutions where alumni tend to earn more than other Black graduates in their respective states.
Online U reports, in a recent analysis of government data, that historically Black colleges and universities (HBCUs) have emerged as institutions where alumni tend to earn more than other Black graduates in their respective states. This revelation is a testament to the enduring impact of these institutions on the economic success of their graduates. Among the top performers are Spelman College, Xavier University of Louisiana, and Hampton University, each showcasing substantial financial payoffs for their alums.
Spelman College in Atlanta takes the lead in offering the highest economic return, with graduates earning an impressive $16,404 more than alumni of other schools in the state. Spelman’s success is attributed to its rigorous academic programs and commitment to financial aid, with 96% of students receiving grants. Notably, Spelman remains the most expensive HBCU, with an average annual net price of $40,810 after grants and scholarships.