Yesha Callahan

Hillary Clinton’s College Affordability Plan Would Give $25 Billion to HBCUs

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Earlier this week, Democratic presidential candidate Hillary Clinton unveiled her plan to make college more affordable, but it’s her proposed support for Historically Black Colleges and Universities that could be a game changer.

Under the New College Compact, which would require colleges to keep the cost of higher education down while providing more aid to students, a $25 billion fund would be created “to provide support to private nonprofit schools that serve low- and middle-income students and help them build the skills they need.”

Clinton’s plan would also benefit students at public HBCU campuses by investing more federal funds in schools that enroll low-and-middle-income students, something historically Black institutions do a higher levels than most other intuitions.

Here’s how Clinton’s website says her proposed initiative will benefit all HBCUs:

  • Significantly cuts the interest rates that students pay on any loans they take out so that the government never profits on the loans.
  • Enables students with debt to refinance their loans at low current rates. Parents with PLUS loans will also be able to refinance at current rates.
  • Extends the American Opportunity Tax Credit with its $1,000 refundable credit to low-income families sending their sons and daughters to these schools.
  • Ensures that parents who borrow through the Parent PLUS program will not have to take out such high levels of debt in order to send their children and grandchildren to these schools.
  • Enables students never to have to repay more than 10 percent of their monthly income.
  • Builds on programs such as TRIO and GEAR UP to invest in student support, including child care for students who are parents, to help all students stay in school and boost completion.


HBCUs educate more than 300,000 students a year and play a vital role in educating Black Americans. More than 50 percent of Black teachers, 70 percent of Black dentists, and a significant portion of Black STEM degree holders graduate from HBCUs.

Image Credit: Getty Images

  1. August 15, 2015 - Reply

    Any Presidential candidate, who wants the votes of black people, has to discuss about education. College affordability is one of the most important issues of Millennials and the rest of the American people. STEM fields are very important. These fields have built civilizations for thousands of years. Also, we have a great history of black people being involved in such fields for centuries and thousands of years. We know that student debt now is at about $1.3 trillion, which is a serious problem. We have to make college affordable and address poverty, political disenfranchisement, and social justice issues. Without addressing poverty, education can’t be addressed fully. Hillary Clinton’s plan is a smorgasbord of conservative and liberal ideas on education. Also, HBCUs need more than money just sent to them. They need investments that are targeted to execute programs to develop STEM-related job fields (with an emphasis on technology, etc.), mentoring programs (so students in many poorer communities can fulfill their own aspirations), and other specific actions that can build up the black community for the future. Funding HBCUs should be done in conjunction to address other problems in our communities. People should look at the college plans from Hillary Clinton and from the rest of the candidates and make up their own minds.

  2. August 15, 2015 - Reply

    If Hillary Clinton is elected POTUS, how will Bill be referred to? That’d be interesting to see!

    • August 15, 2015 - Reply


      he’d be the 1st gentleman. the question is will he play the part like all the 1st ladies have meaning being a house husband worrying about gardens & doting over america’s children instead of being a backseat driver like hillary wanted to be.

      • August 15, 2015 - Reply


        That’s most likely the right term. Are there any precedents for First Gentlemen? Even in countries with women as Presidents I somehow never heard or paid attention to how the spouse is referred to.

        • August 15, 2015 - Reply


          that’s what i’ve been hearing on the news. i don’t think there are any rules written down for what to refer to the president’s spouse as. i think even 1st lady is just a term that stuck, but i could be wrong.

  3. August 15, 2015 - Reply

    the title makes it seem like it’s specifically for hbcu’s, but the text is very generic. this is one of those democrat tactics i see often. hbcu’s aren’t the only schools catering to low income students, so unless her plan calls them out by name, it’s just a broad college plan & hbcu’s only benefit in the “rising tide” sense. the other thing about this is that from what i’m reading, all these student loan benefits would only apply to federal student loans, but the real problem tends to be private student loans that don’t play by the same rules. but at the end of the day, every little bit helps & at least she’s putting *A* plan out there. i haven’t heard anybody else’s plans yet so i’ll wait to see who comes up w/the best.

  4. August 21, 2015 - Reply

    Allegedly….a lot of things are promised on the campaign trail. A lot of those promises never materialize.

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