The landmark study, HBCUs Make America Strong: The Positive Economic Impact of Historically Black Colleges and Universities—commissioned by UNCF’s Frederick D. Patterson Research Institute—shows that the economic benefits of HBCUs extend beyond the students they educate. They’re equally important to the regions and communities that HBCUs have served for over 100 years.

This study is the first of its kind. It sets forth the benefits HBCUs produce in detailed, dollar-and-cents terms. It shows that money spent in, around, and by the nation’s HBCUs and their students drives economic growth on and off campus—and that effect is multiplied over time. Each dollar spent creates far more than a dollar’s worth of productive activity as it moves through local, regional, and national economies.