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Sep 14, 2021Liked by Jarrett Carter Sr.

Insightful report from Smith about the endowment deficit. States and the federal government have not handled their end of the bargain to ensure HBCUs receive its fair share. However, I think many HBCUs are going to have to think bolder in terms of funding opportunities. That will mean breaking away from the usual and conservative approach to investments. This ingrained mentality has hampered an unwillingness to attract partnerships that allows for ROI, student workforce preparation, and growth. With MSIs (another way for liberals to hijack HBCUs) and PWIs going after POCs, HBCUs need to find that special sauce that helps make these institutions and the experience sustainable and not waiting for a savior.

David Banner has a point about how many in the Black community treat their own bad, but bend over backwards to help non-Blacks. We need to take care of those who have taken care of the community. We need to stop glorifying the celeb who swoop in for a sec with a low dollar donations, but jets back to the burbs sign multimillion business deals. He is also right that many HBCUs teach people to work for corporations rather than network and build your own business. Yes, there are those who are not cut out for entrepreneurship, but the path to wealth is training and investing in developing those entrepreneurs to become viable and profitable businesses.

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