Alumni of These 10 HBCUs Earn More Than Other Black Graduates in Their States

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Alumni of These 10 HBCUs Earn More Than Other Black Graduates in Their States
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In the United States, the average amount of student loan debt is $39,591, a price tag that has many students asking if higher education is really worth it. This number is even higher for Black students, with the average African American bachelor’s degree holder having $52,000 in student debt. Though Black students are increasingly questioning the value of college ,…

Famous for their rich culture, historic significance and family-like campus community, some HBCUs have significantlythan other four-year institutions. Through grants, scholarships, and other financial aid resources, HBCUs are often able to better help their students with college costs.

OnlineU identified that Xavier University, in New Orleans, Louisiana, offers the highest financial payoff for Black graduates. The median salary for XULA graduates is $52,582 compared to the $36,962 median salary for other Black graduates with the same level of education in Louisiana, a $15,619 difference.

OnlineU also notes regional differences and market disparities as a key factor in the salaries of Black students. "Comparing median earnings at HBCUs to other Black graduates in the state helps to highlight the value each college provides to the communities they serve, and also accounts for racial inequities in the labor market that negatively impact salaries for Black college graduates," said author Taylor Nichols, in the report."Accounting for the location of the school is also important given most HBCUs are located in southern states where median earnings are lower overall.

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