Earlier this week, my husband and I were talking about Jack Ma's humanitarian profile compared to friendly rival Jeff Bezos.
A comment on "Chinese Billionaire Jack Ma Donates Supplies to African Countries" (D. Givens).
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Recruit more international students. College enrollment is trending downward across the country. Most HBCUs are undergraduate schools with smaller enrollments; therefore, tuition is a large source of revenue. More students = more tuition revenue. The smaller payroll and student-to-faculty ratio of schools i.e. Cheyney warrant as few as several hundred more matriculants. With enrollment at capacity, HBCUs can focus their federal funds on infrastructural improvements, institutional competitiveness, and the like.
Related: HBCUs (2019)
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Related: Student Loan Debt
Related: Cheyney Challenge (Jan. 2021)
Didn't 50 Cent endorse or invest in Vitamin Water? Now fortified water is in the 'hood. Put "health" (supplement) in pill form and have Magic and Grant Hill back it. Let it catch on with distributors and consumers alike. It'll be another hit.
A comment on "Magic Johnson Invests in Black-Owned Plant-Based Immune System Boosting Products" (D. Givens).
Related: "We are the Weather"
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I don't expect LVMH to use an existing brand name. Will the company be ready to have its luxury brand associated with hand sanitizer? The introduction of a hygiene product during -- and in response to -- a pandemic won't help.
A comment on "LVMH Converts its Perfume Factories to Make Hand Sanitizer" (D. Givens).
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Health insurance -- above all, private health insurance -- averages higher premiums (or deductibles) than does car or life insurance. The outline of McKinsey's Financial Inclusion Puzzle, however, reminds me that health insurance is no less a mitigator against key risks. Access to affordable health insurance or some other third-party payer is not a luxury; it's part of financial well-being and, as McKinsey puts it, "financial inclusion."
A comment on "New Report: If Financial Inclusion for Black Americans was Fully Achieved, Financial Services Firms Could Collect an Extra $60 Billion in Annual Revenue" (J. McKinney).
Related: "The Price We Pay"
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Please join the #CheyneyChallenge, a monthly donation campaign for America's first HBCU. I made my most recent donation of $18.37 today.
Cheyney University of Pennsylvania
The Cheyney Challenge is an initiative of alumnus Mr. Bright. I committed to it in 2015, and began my donations the following year.