The Declining Payoff From Black Colleges

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A new study has been released claiming that students who attend Historically Black Colleges may be hurting their future earning prospects.

The study found that  H.B.C.U’s lifted the pay of their graduates in the 1970s relative to their attending other colleges, all else equal, but that these colleges now bring a hefty wage penalty, on average, for their graduates. One possible reason is that traditionally white institutions began doing a better job of educating their black students in recent years, according to the paper.

Read more at NYTimes

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