U.S. presidential hopeful Harris would spend $60 billion on historically black colleges

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U.S. presidential hopeful Harris would spend $60 billion on historically black colleges
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Democratic presidential hopeful Kamala Harris will unveil a plan on Friday to in...

- Democratic presidential hopeful Kamala Harris will unveil a plan on Friday to invest $60 billion in historically black colleges and universities if elected, the latest effort by the U.S. senator from California to reach out to black voters.

Harris is one of two dozen Democrats in a field led by former Vice President Joe Biden seeking the Democratic nomination to challenge Republican President Donald Trump in the November 2020 election. Harris’ plan, to be released during a speech before the National Urban League conference in Indianapolis, is aimed at bolstering science and technology education for historically black colleges and universities, or HBCUs, as well as other minority-serving institutions.

Citing data showing African-Americans are more likely to rely on credit cards than bank loans when starting businesses and are often offered smaller loans at higher interest rates than whites, Harris’ plan would establish a grant program for black-owned startup businesses. On Tuesday, Biden unveiled a plan to overhaul the U.S. criminal justice system by lowering incarceration rates, ending the federal death penalty and eliminating racial disparities in how people are sentenced..

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