Today's Date: April 15, 2021
Morgan Stanley and Spelman College Announce Inaugural Class of HBCU Scholars Program   •   Flagler Health+ and the link Announce Partnership   •   Northwest Residents Say They Want to Switch to More Fuel-Efficient Vehicles, but Aren’t Quite Ready to Commit   •   Ralph Lauren Debuts Team USA’s Closing Ceremony Parade Uniform and Apparel Collection, Featuring First-To-Market Innovatio   •   Clark Atlanta University and the University of Liberia Host Virtual Signing Ceremony to Establish Partnership of Educational Adv   •   TRU Colors Announces Strategic Partnership With Molson Coors, Advancing Its Mission to End Street Violence and Unite Communities   •   FIBRA Prologis Announces Certificate Holders Meeting   •   The Equality Equation: Balancing the Effects of Systemic Racism in Baltimore   •   The WNET Group to Celebrate Education Heroes at its Education Is Everything Virtual Gala   •   ASDSA Alerts Nation's Governors to New Trend in Anti-transgender Legislation   •   Ledyard Financial Group Named One of the Top 25 Bank Boards for Women   •   Dickinson College Announces 2021 Commencement Plans; Former U.S. Attorney General Eric Holder to Deliver Address   •   Discovery Senior Living Begins National Efforts to Honor WWII Vets Through New Partnership With Dream Flights   •   To Help Support the Struggle Against Addiction, Author Mike Fitzpatrick Publishes First in Fun, Zany, Fully Illustrated Children   •   Cybersecurity and IT Consulting Firm SecureTech360 to Expand in Fairfax County, Create 10 New Jobs   •   Kia Sorento Named To Parents' List Of Best Family Cars 2021   •   AGS to Report First Quarter 2021 Results on Thursday, May 6   •   American Eagle Outfitters’ Business Accelerates Across American Eagle and Aerie Brands; First Quarter Revenue On-Track to   •   Lincoln Financial Network Launches African American Financial Professional Network   •   Weedmaps Announces “Even Higher Together” Virtual 4/20 Event Featuring Snoop Dogg, A$AP Rocky, Jhené Aiko and
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Black Chamber: Dept Of Ed Limits Blacks Access

 WASHINGTON -- In response to the Department of Education issuing a "Gainful Employment" rule that would make certain career college programs ineligible for Title IV financial aid and effectively eliminate the opportunity for lower-income students to attend career colleges, Harry Alford, president of the National Black Chamber of Commerce issued the following statement.

"Gainful Employment will disproportionately harm low-income and minority populations by discriminating against students who must borrow the needed tuition to attend college. Without financial aid, access to higher education will be limited for thousands of students. At present, Black students make up 18% of enrollees in for-profit colleges and universities – many of them would find it impossible to pursue higher education without this financial aid. Many of these private sector schools are the solution to our education challenges, not the problem."

About NBCC

The NBCC reaches 100,000 Black owned businesses. There are 1.9 million Black owned businesses in the United States. Black businesses account for over $187 billion in annual sales. African Americans have over $800 billion in expendable income each year according to the US Bureau of Census. The National Black Chamber of Commerce is dedicated to economically empowering and sustaining African American communities through entrepreneurship and capitalistic activity within the United States and via interaction with the Black Diaspora.



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