A new study reveals the top historically black colleges and universities (HBCUs) that give you the biggest bang for your buck.
On Monday, Essence magazine and Money magazine released a report called “The 50 Best Colleges For African-Americans,” which names the best schools and HBCUs for black students based on things including affordability, opportunity, and earnings potential.
“Choosing a college is one of the most important decisions Black students will make in their lifetime,” the report read. “ESSENCE partnered with Money Magazine to create a definitive list of the schools that serve us most.”
By drawing information from more than 1,500 four-year colleges, the magazines found that these black colleges offer the best value for black students, you can check out the list below.
College (Essence rank) | African-American graduation rate | Estimated net price of a degree | Average early career salary | Average debt upon graduation |
---|---|---|---|---|
Florida A & M (5) Tallahassee, FL | 39% | $94,265 | $45,900 | $27,275 |
Spelman College (6) Atlanta, GA | 75% | $172,772 | $41,800 | $27,000 |
North Carolina A & T (9) Greensboro, NC | 49% | $77,799 | $50,200 | $23,006 |
Hampton University (15) Hampton, VA | 67% | $145,471 | $42,600 | $27,474 |
Bowie State University (16) Bowie, MD | 33% | $102,037 | $42,700 | $23,320 |
Virginia State University (20) Petersburg, VA | 43% | $102,310 | $38,800 | $28,451 |
Xavier University of Louisiana (21) New Orleans, LA | 43% | $111,790 | $37,400 | $27,000 |
Howard University (28) Washington, DC | 60% | $141,535 | $47,500 | $27,000 |
Alcorn State University (32) Alcorn State, MS | 40% | $95,586 | $40,800 | $27,941 |
Jackson State University (35) Jackson, MS | 43% | $84,687 | $38,400 | $31,000 |
Elizabeth City State University (37) Elizabeth City, NC | 39% | $62,310 | $34,400 | $24,886 |
Prairie View A & M (38) Prairie View, TX | 37% | $91,698 | $56,000 | $29,052 |
North Carolina Central University (43) Durham, NC | 48% | $84,920 | $35,200 | $30,203 |
Tennessee State University (44) Nashville, TN | 42% | $90,312 | $45,100 | $28,500 |
Winston-Salem State University (48) Winston-Salem, NC | 46% | $80,076 | $43,900 | $27,687 |