WASHINGTON, DC (April 28, 2021) – Today, the Biden Administration unveiled the American Families Plan.
Through the Plan, President Biden is re-emphasizing his commitment to investing in education as a down payment on America’s future. Most notably, the American Families Plan proposes a $46 billion investment in HBCUs, TCUs, PBIs and other MSIs, including increasing funding for Title III and Title V programs by $5 billion and a new $39 billion program that provides two years of subsidized tuition for families earning less than $125,000 enrolled at a four-year HBCU, TCU, PBI or other MSI. In addition, the plan calls for increasing the maximum Pell award by $1400 per student.
“The American Families plan has the potential to be a game-changer not only for HBCUs, PBIs and their students, but for all working families across America,” said Dr. Harry L. Williams, President and CEO of the Thurgood Marshall College Fund (TMCF). “Significantly expanding access to higher education for low and middle-income students, more specifically at HBCUs and PBIs, has long been the top priority for TMCF. The American Families Plan would bring this long sought-after dream into reality.”
As the 117th Congress considers the American Families Plan, TMCF looks forward to working with Congress and the Biden Administration on this and other legislation to help ensure that students continue to have access to an affordable college education.
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ABOUT THE THURGOOD MARSHALL COLLEGE FUND
Established in 1987, the Thurgood Marshall College Fund (TMCF) is the nation’s largest organization exclusively representing the Black College Community. TMCF member-schools include the publicly-supported Historically Black Colleges and Universities and Predominantly Black Institutions, enrolling nearly 80% of all students attending black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs, and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs.
TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit: www.tmcf.org.
Media Contact:
tmcfpress@tmcf.org
