President Biden announces $1.3 billion investment into HBCUs during Philadelphia visit

By Eva Andersen President Biden announced an additional $1.3 billion investment in Historically Black Colleges and Universities (HBCUs) during his speech at the 2024 HBCU Week Conference in Philadelphia. Hundreds of attendees cheered as Mr. Biden took the stage at the Pennsylvania Convention Center, where he highlighted his administration’s efforts to support HBCUs. “In just four years, working with HBCU leaders, we’re making the most significant investment in Black America ever in American history,” Mr. Biden said. The announcement came shortly after the White House revealed the new funding, adding to the $16 billion already committed since 2021. “HBCUs have received $17

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