A loss of accreditation can be devastating for institutions, as they are no longer eligible to receive federal funding for students who rely on financial aid to attend. Moreover, some employers or graduate schools will not accept degrees from unaccredited schools.
Through TMCF, the trio will identify standout entrepreneurs-in-the-making from publicly-supported historically black colleges and universities (HBCUs) around the country. Those students will represent their school in teams to compete for the top prize.
Through a competition called Moguls in the Making, an innovative program aimed at empowering young entrepreneurs and giving them a platform to bring their dreams to life, they will identify standout entrepreneurs-in-the-making from publicly supported historically black colleges and universities (HBCUs) around the country. Those students will represent their schools in teams to compete for the top prize.
Through 1980, enrollment grew at HBCUs, but that has changed as more black students look to “traditional or mainstream” universities, said Richard Vedder, professor emeritus at Ohio University. The false perception is that the mainstream schools provide better programs or more opportunities upon graduation, which implies HBCUs are medium-to-low quality institutions.
Education programs have been shown to reduce the risk of recidivism, and the bill takes this a step further by allowing certain prisoners to accumulate “earned time credits” — up to 15 days for every 30 days of completed programming.
Providing leadership, lobbying, job recruiting, and scholarships, TMCF helps to groom the next generation of cultural leaders.