HBCUs Spend a Significant Proportion of Their Revenue on Instructional Expenses

Earlier this year, the United Negro College Fund reported on the positive impact HBCUs have on the United States economy, despite their limited resources and historic underfunding. A new report from the Wesley Peachtree Institute, a nonprofit research and consulting organization for minority-serving institutions, has found another challenge facing HBCUs that makes their economic contributions even more impressive. According to their findings, HBCUs spend a significant proportion of their annual revenue on instructional expenses. The U.S. Department of Education defines these expenses as costs relating to the interactions between teachers and students such as teacher salaries and benefits, teacher aides, textbooks, supplies, and purchased services. The post HBCUs Spend a Significant Proportion of Their Revenue on Instructional Expenses appeared first on HBCU News.