Booker unveils $100B plan to invest in historically black colleges

Booker unveils $100B plan to invest in historically black colleges
© Greg Nash

Sen. Cory BookerCory BookerTeen who filmed Floyd murder awarded honorary Pulitzer Senate confirms first Muslim American federal judge Police reform negotiations enter crucial stretch MORE (D-N.J.) on Tuesday unveiled a $100 billion plan to invest in historically black colleges and universities (HBCUs) and other minority-serving institutions, marking the largest amount a 2020 Democratic presidential candidate has pledged toward the funding effort.

His proposal calls for more collaboration between HBCUs and federal agencies and would commit an additional $30 billion for Education Department grants.

Booker's plan wold involve the schools in combating climate change by requiring that 10 percent of proposed "Climate Moonshot Hubs," which in total cost $400 billion, be located on HBCU campuses.


His proposal also would commit another $30 billion to upgrading infrastructure on campuses.

“I am here today because of the power of these institutions to uplift and bring about opportunity to Black Americans," Booker, whose parents both attended HBCUs, said in a statement. "As president, I will redouble our efforts to support and invest in HBCUs across the country — my mother and father wouldn’t have it any other way.”

Booker is the latest White House hopeful to roll out a plan that invests in HBCUs and minority-serving institutions. Sen. Bernie SandersBernie SandersSocially-distanced 'action figure' photo of G7 leaders goes viral Progressives want to tighten screws beyond Manchin and Sinema Overnight Energy: Biden seeks to reassert US climate leadership | President to 'repeal or replace' Trump decision removing protections for Tongass | Administration proposes its first offshore wind lease sale MORE (I-Vt.) previously unveiled his $10 billion plan at a campaign rally at Morehouse College.

Sen. Elizabeth WarrenElizabeth WarrenMark Cuban: ProPublica 'not being honest' about taxes on wealthy On The Money: Bipartisan Senate group rules out tax hikes on infrastructure | New report reignites push for wealth tax New report reignites push for wealth tax MORE (D-Mass.) has proposed investing $50 billion in HBCUs, while Sen. Kamala HarrisKamala HarrisThe press has its own border problem Meghan McCain: Harris 'sounded like a moron' discussing immigration I visited the border and the vice president should too MORE (D-Calif.), who graduated from Howard University, unveiled a $60 billion plan.

Booker's proposal comes as he tries to break out of the middle tier of 2020 candidates.

The New Jersey Democrat made an appeal for campaign donations Sunday on CBS's "Face the Nation."

"If you want me in this race if you want my voice and message — which is resonating — then I need help," Booker said.