Grantmaking

This proposal will utilize a large and comprehensive dataset to evaluate whether historically Black colleges and universities, or HBCUs, can narrow or close racial gaps on numerous measures of economic well-being, not just typical measures such as income. The dataset links College Board SAT data with credit bureau data and National Student Clearinghouse data. It includes students who took the SATs between 2004 and 2010, tracking them from high school through college, and will allow the authors to look at financial outcomes at age 30. Using these data, the authors will compare the longer-term outcomes for Black students who attend these schools versus similar students who applied to but did not attend one. The authors will explore several outcomes, including those where racial disparities exist, such as college-related debt, other forms of debt, and whether the individual has a mortgage (a proxy for homeownership). The credit data also give a more complete picture of income than earnings since it covers all types of income. Existing research shows how important social supports and social capital are to economic mobility. This project will shed light on the distinctive social and psychological value-added features of historically Black colleges and universities.