Presidential candidate Kamala Harris says she has one solution to help close the wealth gap among Black Americans. Harris has proposed $74.5 billion for Black higher education and businesses.
She recently rolled out two new policy proposals that are focused on investing in higher education and entrepreneurship.
Howard University alum Harris, the only graduate of a historically Black college and university (HBCU) running in the 2020 presidential race, has proposed what her campaign is calling “the next major planks in her black agenda.”
She unveiled the policy at the National Urban League conference in Indianapolis, and it calls for investing $60 billion in science, technology, engineering, and math education at HBCUs.
“We’re going from the doors to many of our country’s prestigious colleges and professions being closed to our community to new investments that educate the next generation of black leaders,” Harris said.
“The $60 billion higher education proposal would be divided into $10 billion for an infrastructure grant program to help build classrooms, labs and other facilities and $50 billion to fund scholarships, fellowships and research,” CNN reported.
In addition, Harris announced she wants to work with Congress to set up a $12 billion capital grant and technical support program, to facilitate startup minority small businesses. Her entrepreneurial plan includes a student loan debt forgiveness program for Pell grant recipients who launch businesses that operate for three years in disadvantaged communities.
Listen to GHOGH with Jamarlin Martin | Episode 36: Jacques Bastien Jamarlin talks to Jacques Bastien, founder and CEO of SHADE, a leading influencer management agency. They discuss Jacques’ concept of “hustlepreneurship”, developing a culture that embraces the benefits from entrepreneurship failure and navigating the complex business of social influencers.
