HBCU College Students are not happy with the The Obama Administration! Check it out after the jump!
A New Financial Aid Policy is in place and it’s mostly effecting Historically Black College & University Students, But why, how could this be! The new policy makes it tougher for HBCU students to borrow money from PLUS loans, and since the PLUS loans are most frequently used by HBCU students, the weight of the impact will be on them! The Crazy part is though, the endowment of all HBCUs combined is only $1.6 BIllion, Harvard’s endowment is over 32 billion!! THe Obama Administration hasn’t commented on the situation but hopefully everything works out!
