The latest version of President Joe Biden’s budget reconciliation bill has taken even more money away from historically Black Universities.
Biden’s plan known as “Build Back Better” not only slashes HBCU’s potential funding, cutting their grant expectancies from $45 billion to $1.8 billion which is a total loss of 43 billion dollars that Black schools will not see, but the plan also seeks to permanently revoke the $80 million in guaranteed grant funding allocated to Black schools under the Trump administration in 2019.
The Trump administration’s known as the Future Act bill allocated $85 million a year for historically black colleges and universities, along with $100 million for Hispanic-serving institutions, $30 million for tribal schools and $40 million for a variety of other minority-serving institutions.
Initially, Biden proposed $55 billion in funding to HBCUs in his “Build Back Better” plan. However, when the bill went to Congress for reconciliation, it only allocated a total of $30.5 billion.
Under the Biden administration, HBCU funding has fallen from $45 billion to $2 billion with HBCUs now being pit against institutions who have no historic debt claim against the United States government, and often the very same educational institutions who work against the Black polity’s interest.
This news is exacerbated by dozens of recent popularity polls confirming that President Biden’s net approval rating among black voters has dropped a entire 17 points within the last 21 days alone.
–Kerry Hill, B1Daily