HBCU Money™ Dozen Links 1/14 – 1/18

Posted on January 19, 2013 by | Leave a comment

Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure.

Government Departments

Predictive analytics: the future of successful law enforcement? l Government Computer News http://bit.ly/11F0NJ1

If you have a basement, check for radon, a cancer-causing gas in 1 in 15 homes l Women’s Health http://go.usa.gov/gdNj

House committees to probe debt limit, Benghazi next week l House News http://bit.ly/Vy668Z

Argonne’s Crabtree to be keynote speaker at 2013 Summit on Energy Efficiency l Argonee http://bit.ly/Uskoqx

GSA and SBA Open Doors to Small Businesses. Literally. l SBA http://ow.ly/gWSpT

Research ecologist Blake Schaeffer is exploring use of space-based technology to monitor coastal waters l EPA http://1.usa.gov/WiJ5Vz

Federal Reserve, Central Banks, & Financial Departments

Consumer loans at all commercial banks increased $3.4 billion in December l St. Louis Fed http://bit.ly/UB42M9

How Filipinos use tech to monitor their country’s education sector. l World Bank http://bit.ly/Va6L35

Treasury Commences Plan to Sell General Motors Common Stock l Treasury http://ow.ly/gWSYr

Changing housing prices of late in the U.S. from various geographic perspectives l St. Louis Fed http://bit.ly/PK3r7C

Science of cities – Geoffrey West, physicist, discusses the rules that govern urbanization l World Economic Forum http://wef.ch/j1sse

How can strategic communication help reform the water sector? l World Bank http://bit.ly/Va5SHM

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important government and central bank articles of the week.

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Posted in Finance & Tech Review

The HBCU Money™ Weekly Market Watch

Posted on January 18, 2013 by | Leave a comment

Our Money Matters /\ January 18, 2013

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $4.75 (1.06% UP)

Carver Bank New York (CARV) $4.20 (4.54% DN)

Radio One (ROIA) $1.14 (UNCH)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  170.79 (0.26% DN)

Botswana Stock Exchange (BSE)  7 543.91 (0.06% UP)

Ghana Stock Exchange (GSE)  1 231.93 (2.68% UP)*

Nairobi Stock Exchange (NSE)  104.78 (N/A)

Johannesburg Stock Exchange (JSE) 40 166.53 (0.51% UP)

International Stock Exchanges

New York Stock Exchange (NYSE) 8 744.67 (0.25% DN)

London Stock Exchange (LSE)  3 232.62 (0.51% UP)

Tokyo Stock Exchange (TOPIX)  911.44 (2.36% UP)

Commodities

Gold 1 686.60 (0.25% DN)

Oil 94.98 (0.53% DN)

*Ghana Stock Exchange shows current year to date movement. All others daily.

All quotes reported as of 11:00 AM Eastern Time Zone

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Student Debt Profile By Conference (School By School) – The SWAC

Posted on January 18, 2013 by | Leave a comment

Theswac

Alabama A&M University

Average debt of graduates, 2011 – $33 038

Proportion of graduates with debt, 2011 – 95%

Nonfederal debt, % of total debt of graduates, 2011 – 16%

2010-11 Pell Grant recipients – 66%

Alabama State University

Average debt of graduates, 2011 – $29 975

Proportion of graduates with debt, 2011 – 79%

Nonfederal debt, % of total debt of graduates, 2011 – 0%

2010-11 Pell Grant recipients – 71%

Alcorn State University

Average debt of graduates, 2011 – $28 786

Proportion of graduates with debt, 2011 – 90%

Nonfederal debt, % of total debt of graduates, 2011 – 2%

2010-11 Pell Grant recipients – 80%

University of Arkansas at Pine-Bluff

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 70%

Grambling State University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 69%

Jackson State University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 75%

Mississippi Valley State University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 81%

Prairie View A&M University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – 69%

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 64%

Southern University-Baton Rouge

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – N/A

Texas Southern University

Average debt of graduates, 2011 – $36 296

Proportion of graduates with debt, 2011 – 84%

Nonfederal debt, % of total debt of graduates, 2011 – 2%

2010-11 Pell Grant recipients – 71%

Source: The Project on Student Debt

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The Uninsured Rates By HBCU State

Posted on January 15, 2013 by | Leave a comment

They always say when America catches cold, African America catches pneumonia. So while the uninsured rate nationally for all Americans is 15.6 percent, the percentage of African America uninsured is approximately 20 percent. An almost 30 percent premium over the national average. The rates below are the overall state’s uninsured and not specifically for African Americans. However, in parentheses we have put the rate for a 30 percent increase to potentially show what the African American uninsured rate could be. It should be noted that this number is not definitive as it is just based on using the national numbers as an estimating base.

hbcustates

State      Uninsured Rate   (Estimated African American Uninsured Rate)

Massachusetts – 3.3% (4.3%)

Washington D.C. – 8.4% (11%)

Delaware – 9.9% (13%)

Pennsylvania – 10.8% (14%)

New York – 12.1% (15.7%)

Michigan – 12.2% (15.9%)

Alabama – 12.9% (16.8%)

Tennessee – 13.1% (17%)

Virginia – 13.2% (17.2%)

Ohio – 13.4% (17.4%)

Maryland – 13.8% (18%)

Kentucky – 14.2% (18.5%)

Illinois – 14.6% (19%)

Missouri – 14.6% (19%)

Mississippi – 16% (20.8%)

North Carolina – 16.1% (21%)

Oklahoma – 16.8% (21.9%)

Arkansas – 17.3% (22.5%)

South Carolina – 18.7% (24.3%)

Georgia – 19% (24.7%)

Florida – 19.8% (25.8%)

Louisiana – 20.5% (26.7%)

Texas – 23.7% (30.8%)

Notes:

Overall 14 out of 24  mainland states and territory where HBCUs are located fall below the national uninsured rate.

Only 4 out of 24 mainland states and territory where HBCUs are located have the estimated African American uninsured rate below the national average.

The average overall uninsured rate for the 24 mainland states and territory where HBCUs are located is 14.8 percent while the median is 14.4 percent.

The average estimated African American uninsured rate for the 24 mainland states and territory where HBCUs are located is 19.2 percent while the median is 18.8 percent.

Source: Bloomberg Visual Data (December 2012); States used as designated by HBCUs recognized by HBCU Endowment Foundation

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The HBCU Endowment Feature – Miles College

Posted on January 14, 2013 by | Leave a comment

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School Name: Miles College

Median Cost of Attendance: $21 010

Undergraduate Population: 1 668

Endowment Needed: $700 893 600

Analysis: Miles College needs approximately $700 million to allow all of its students to attend debt free annually. Miles College is located in the heart of the capital of “Civil Rights”, Alabama or Birmingham, AL for some. This historic attachment can be leveraged for fundraising if properly used among elder African Americans. With an outstanding honors college the school is producing high quality graduates who will produce a higher median income than most of African America. This should translate with the proper cultivation from administration into consistent donations going forward. They also have the unique relationship of having an HBCU community college located within Birmingham as well. Lessening their need to develop college ready students and focus funds toward higher achievement in student development which again only adds to the quality of student they will graduate. Being located in Birmingham as with anything has its pros and cons. Birmingham is an up and coming city in the United States and should provide plenty of wealth growth through its medical and banking industries. This could produce an overall stronger city but that does not always find its way into the African American community. With the University of Alabama-Birmingham’s presence it will make the competition for city resources extremely competitive. Miles College should continue to shine and stay true to its HBCU mission and it could strongly benefit from some of its peers moving away from that mission as many in African America still looking for a true sense of community focused on themselves in higher education.

As always it should be noted that endowments provide a myriad of subsidies to the university for everything from scholarship, faculty & administration salaries, research, and much more.

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