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I know one of the biggest problems at my alma mater when I was a student and now is the cost. Spelman has one of the largest (if not the largest, I can't rmember) endowments of HBCUs, but when you compare it to a school like Emory Univeristy which is in the same city, it is peanuts. As a result, Spelman can't compete with the Emorys and Smiths of the world when it comes to scholarship dollars
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Yes, this is a central part of the issue, and your whole post is very wise. Talking about this disparity doesn't have to be read as an attack on anyone's alma mater; it's a call to help the schools you love to do even more for their students. Meeting the financial needs of current undergrads should be the number one fundraising priority for alumni of any school. (As far as I know, Princeton is the only university in the world that meets 100% of its undergrads' financial need solely through endowment funds; every other school relies on donations for some (or all) of its scholarship program.)
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