Black Students Shatter Stereotypes, Excel in Financial Education Course


FILE - In this May 17, 2018, file photo, new graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford, N.J. Many new college graduates are struggling to find work as their first student loan payments loom on the horizon. Fewer entry-level jobs are available during the pandemic, and unemployment benefits typically aren’t accessible. (AP Photo/Seth Wenig, File)
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In an exciting achievement, 24 Black high school students have successfully graduated from the groundbreaking Economic Equity and Financial Education Pilot Program at the Haas School of Business at the University of California, Berkeley.

Created and funded by Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation, the two-semester advanced financial education course aimed to address wealth inequality and the racial wealth gap.

Each graduate was awarded a college scholarship of $8,000, and all have been accepted to college, including some to UC Berkeley.

The program, which received $500,000 in funding from PG&E, was developed in collaboration with Berkeley Haas professors and industry professionals, covering topics such as personal finance, capital markets, and wealth creation.

Click play to listen to the AURN News report from Jamie Jackson:

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