HBCUs that were looking to get their share of $45 in funding as part of President Joe Biden‘s spending plan, may see less than $5 billion due to Democratic infighting. Biden’s $3.5 trillion spending bill was set to include $45 billion in spending for HBCUs and other minority-serving institutions (MSIs). However the newest version of the bill allocated just $2 billion for educational programs and HBCUs. Even worse, the funding could be changed into competitive grant funding instead of direct funding to the schools.
RELATED: President Biden Promised HBCUs the World. The Reality Is Going to Be Much Less
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