6 FAMU Students file a class action lawsuit against the St of Florida

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Luke Cage said:
Separate and never equal.
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This is what detractors of Civil Rights and it's goal of integration fail to comprehend.

We were segregated (and still terrorized mind you) for 150 years and had unequal access to resources, unequal access to funding, and had substandard living conditions.

But detractors have the gall to say integration shouldn't have been the goal of the movement.

Silver Surfer said:
So I'd they win...does the school get the money or do they want it?
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DropTopDoc said:
Not sure bruh, but it be nice to see them get some more money
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FAMU is probably watching what's happening with TSU.

www.thecoli.com

The state of Tenn. might owe TSU half a $ Billion/ UPDATE Gov.,proposes $250 + 60 mil

State May Owe TSU $500 Million April 5, 2021 NASHVILLE (WSMV) – The General Assembly’s Joint Land Grant Institution Funding Study Committee met Tuesday to further look at how much the state owes Tennessee State University, after decades of a state funding deficit. Tuesday’s...
www.thecoli.com www.thecoli.com
 
Ethnic Vagina Finder

Ethnic Vagina Finder

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This lawsuit is unwarranted.

1. You can’t expect a college to rely solely on state funding. At one point public colleges and universities received funding from the federal and state government. Then the federal government stopped. Eventually, state funding decreased. White schools found ways to increase their endowment.

2. The real issue is the history of HCBU’s mismanaging funds, which has gone on for DECADES. You have people on positions at these schools that don’t know how to run shyt properly.


This is a prime example




Coach Prime, got flack for pulling out of the Heritage Classic in Memphis in which Jackson State only grossed $225,000 a year before expenses. The new deal he negotiated with the SWAC classic will gross them $1.5 million a year.


You got all of those PWI schools having access with black athletes who go to their schools which help their athletic programs generate hundreds of millions of dollars a year.


This lawsuit equates them begging for nickels and dimes instead of protesting for reform. At the end of the day it boils down to bad business practices by most HBCU’s.
 
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Ethnic Vagina Finder said:
This lawsuit is unwarranted.

1. You can’t expect a college to rely solely on state funding. At one point public colleges and universities received funding from the federal and state government. Then the federal government stopped. Eventually, state funding decreased. White schools found ways to increase their endowment.

2. The real issue is the history of HCBU’s mismanaging funds, which has gone on for DECADES. You have people on positions at these schools that don’t know how to run shyt properly.


This is a prime example




Coach Prime, got flack for pulling out of the Heritage Classic in Memphis in which Jackson State only grossed $225,000 a year before expenses. The new deal he negotiated with the SWAC classic will gross them $1.5 million a year.


You got all of those PWI schools having access with black athletes who go to their schools which help their athletic programs generate hundreds of millions of dollars a year.


This lawsuit equates them begging for nickels and dimes instead of protesting for reform. At the end of the day it boils down to bad business practices by most HBCU’s.
Click to expand...


There is a mismanagement of funds, but that’s not every administration, and they take money all the time from pwis or put folks in cushy positions getting paid ridiculously off state funds and not working

Hbcu’s have their issues but they aren’t any less deserving of state funds and to try and disqualify famu because of that is the exact reason this is important

Yes being in the sec or acc nets programs several millions they also get state and federal funding, and FAMU deserves both as well as any hbcu


Here’s Florida owing 19 milly

University of Florida Agrees to Pay $19.875 Million to Settle False Claims Act Allegations

UF took another 600k and audited and they owe money back

UF misappropriated grant money from National Science Foundation, audit claims
 
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Ethnic Vagina Finder

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AquaCityBoy said:
He's in his late 70s. Leave him alone. :old::flabbynsick:
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DropTopDoc said:
There is a mismanagement of funds, but that’s not every administration, and they take money all the time from pwis or put folks in cushy positions getting paid ridiculously off state funds and not working

Hbcu’s have their issues but they aren’t any less deserving of state funds and to try and disqualify famu because of that is the exact reason this is important

Yes being in the sec or acc nets programs several millions they also get state and federal funding, and FAMU deserves both as well as any hbcu


Here’s Florida owing 19 milly

University of Florida Agrees to Pay $19.875 Million to Settle False Claims Act Allegations

UF took another 600k and audited and they owe money back

UF misappropriated grant money from National Science Foundation, audit claims
Click to expand...

DropTopDoc said:
Former Florida State University Finance Professor Convicted of Embezzlement

Fsu professor 650k he embezzled from fsu
@Ethnic Vagina Finder
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Florida State University endowment - $897 million
University of Florida endowment - $3 billion
Florida A&M endowment - $95.6 million


So which hurts more? Florida A&M can’t afford ANY mismanagement.

Also, as you can see, state funds won’t help increase their endowment. They receive $110 million in state funds or about $11,000 per student.

Florida and Florida St, run their schools like a business. They get a lot of their money from athletics. Florida A&M is simply bad at it.

But when you get the right people at your school, you get stories like this

theblackwallsttimes.com

Jackson State University receives $2.4 million endowment from Walmart

The relationship between Walmart and Jackson State University goes back to the HBCU’s football program and head coach Deion Sanders.
theblackwallsttimes.com theblackwallsttimes.com

Jackson State University faculty and students were shocked recently with a $2.4 million endowment from Walmart. The retail giant is supporting the Historically Black College and University (HBCU) through Walmart’s new Center for Racial Equity, which will benefit students across the campus.


The relationship between Walmart and Jackson State University goes back to the HBCU’s football program and head coach Deion Sanders. Previously, Walmart donated a new turf practice field for Jackson State’s football team, as well as Covid19 vaccination clinics on campus.


——/———-

So again, it’s all about making good business decisions, building relationships and hiring the right people.


Jackson State has a smaller endowment than FAMU btw. It’s only $60 million.
 
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