Even upper-tier HBCUs are not excluded from the financial hardships. In 2013, a much publicized letter from a Howard University trustee warned that "Howard will not be here in three years if we don't make some crucial decisions now.”3 years eh?
"Morehouse College, for example, was suddenly thrown into a financial crisis in 2012 after the PLUS credit changes. Many freshmen who had paid their deposits suddenly could not afford Morehouse. This enrollment decline forced a faculty and staff furlough," according to a report from New America's Education Policy Program.*How shall I put this? This is what "diversity" looks like.