Why Black-Owned Banks Are More Important Than Ever
Black-owned banks are federally insured financial institutions that are owned by a majority of Black individuals and serve Black communities.
Why Black-Owned Banks Are More Important Than Ever
Black-owned banks are federally insured financial institutions that are owned by a majority of Black individuals and serve Black communities.
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Student Freedom Initiative Will Provide Millions for HBCUs and Black Students in STEM This Fall
This fall will mark not only the beginning of a new school year for millions of students, but the launch of Student Freedom Initiative, a nonprofit organization which was the brainchild of Robert F. Smith. Student Freedom Initiative will offer flexible, lower-risk alternatives to high-interest private student loans to college
Robert F. Smith and John Rogers Jr. Talk Black Banks and the Digital Divide
Robert F. Smith, the Founder, Chairman, and CEO of Vista Equity Partners, recently joined John Rogers Jr., the co-CEO of Ariel Investments, the oldest Black-owned asset management firm, on Roll Call’s Fintech Beat podcast. Together, the two financial sector leaders discussed everything from the rise of digitalization to the importance
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The Financial Struggles Facing HBCUs and Students
According to a 2021 report from the U.S. Department of Education, 42.9 million Americans have federal student loans. That’s 1 in 8 Americans. Furthermore, the current total outstanding student loan debt is $1.59 trillion, with most students leaving college saddled with nearly $30,000 in personal debt. However, there is one
Kristen Clarke, First Black Woman to Become U.S. Civil Rights Attorney
Sworn into office by Vice President Kamala Harris on May 25, 2021, Kristen M. Clarke is Assistant Attorney General for Civil Rights at the U.S. Department of Justice (DOJ). And as Harris holds firsts for her office, Clarke is also the first woman and first Black woman to hold her
Cisco, AVC Technologies Pledge Support For HBCUs and Student Freedom Initiative
A new partnership between Student Freedom Initiative, Cisco and AVC Technologies aims to advance technology and digital capacity at Historically Black Colleges and Universities (HBCUs) and support students working with Student Freedom Initiative. In May 2021, Cisco announced it would donate $150 million to help achieve the mission of Student
Mackenzie Scott and Robert F. Smith’s Philanthropy Goals in the Arts and Racial Justice
Philanthropist Mackenzie Scott made national headlines this June when she announced her most recent slate of high-impact, large-scale donations, amounting to more than $2.7 billion given to hundreds of groups. Scott, the ex-wife of Amazon CEO Jeff Bezos, donated to 286 organizations with a diverse array of causes, including racial
Student Freedom Initiative Will Provide Millions for HBCUs and Black Students in STEM This Fall
This fall will mark not only the beginning of a new school year for millions of students, but the launch of Student Freedom Initiative, a nonprofit organization which was the brainchild of Robert F. Smith. Student Freedom Initiative will offer flexible, lower-risk alternatives to high-interest private student loans to college
Robert F. Smith and John Rogers Jr. Talk Black Banks and the Digital Divide
Robert F. Smith, the Founder, Chairman, and CEO of Vista Equity Partners, recently joined John Rogers Jr., the co-CEO of Ariel Investments, the oldest Black-owned asset management firm, on Roll Call’s Fintech Beat podcast. Together, the two financial sector leaders discussed everything from the rise of digitalization to the importance

The Financial Struggles Facing HBCUs and Students
According to a 2021 report from the U.S. Department of Education, 42.9 million Americans have federal student loans. That’s 1 in 8 Americans. Furthermore, the current total outstanding student loan debt is $1.59 trillion, with most students leaving college saddled with nearly $30,000 in personal debt. However, there is one
Kristen Clarke, First Black Woman to Become U.S. Civil Rights Attorney
Sworn into office by Vice President Kamala Harris on May 25, 2021, Kristen M. Clarke is Assistant Attorney General for Civil Rights at the U.S. Department of Justice (DOJ). And as Harris holds firsts for her office, Clarke is also the first woman and first Black woman to hold her
Cisco, AVC Technologies Pledge Support For HBCUs and Student Freedom Initiative
A new partnership between Student Freedom Initiative, Cisco and AVC Technologies aims to advance technology and digital capacity at Historically Black Colleges and Universities (HBCUs) and support students working with Student Freedom Initiative. In May 2021, Cisco announced it would donate $150 million to help achieve the mission of Student
Mackenzie Scott and Robert F. Smith’s Philanthropy Goals in the Arts and Racial Justice
Philanthropist Mackenzie Scott made national headlines this June when she announced her most recent slate of high-impact, large-scale donations, amounting to more than $2.7 billion given to hundreds of groups. Scott, the ex-wife of Amazon CEO Jeff Bezos, donated to 286 organizations with a diverse array of causes, including racial