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Billionaire Blank gives $50 million to Black colleges in Atlanta #shorts #hbcu #spelman #highered
Bloomberg Televisionยท2025-10-17 21:53

Philanthropy & Education - Arthur Blank donated $50 million to four historically black colleges to provide grants to students [1] - The grants aim to help students overcome financial obstacles and complete their college education [1][2][3] - These grants can range from a few hundred to a few thousand dollars [2] - Spelman College received a $10 million grant from the Arthur Blank Family Foundation for its center for innovation in the arts [3] Accessibility & Affordability - Tuition, room, and board at Spelman College is approximately $56,000 [4] - Students from Spelman College could graduate with $32,000 to $40,000 in student loan debt [4] - High student loan debt can deter students from pursuing further education [5]