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For years, people have questioned the relevancy of historically black colleges and universities, especially with many of these institutions facing fiscal issues, declining enrollment and cohort default rates. The latest Gallup-USA Funds Minority College Graduates Report, however, finds that HBCU graduates are more likely to prosper after graduation than students who graduate from non-HBCUs.
The study examined 520 black graduates of HBCUs and 1,758 black graduates of other colleges. Gallup looked at five elements of well-being including: purpose, social, financial, community and physical. Then asked graduates about their satisfaction with their college experience and current engagement at work. The results, 55 percent of black HBCU graduates said they felt prepared for life after graduation, while only 29 percent of black graduates from other institutions said they felt prepared.
Gallup found that HBCU graduates are also most likely to have strong relationships, enjoy what they do each day for work, and they are more goal-oriented. However, the biggest gap in well-being among black graduates is in the financial breakdown. The report found that four in 10 black HBCU graduates are more likely to thrive financially while fewer than three in 10 black graduates of other schools can say the same.
