Historically Black colleges and universities are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent and graduate student loans. Philanthropists could help fill the gap.

A ntonio Sweeney relied on a mix of private and school scholarships, plus a federal Pell Grant for low income students, to pay for his first two years at his dream school, Morehouse College, in Atlanta, the alma mater of Sen. Raphael Warnock (D-Georgia) and Martin Luther King Jr. But by junior year, most of the outside scholarship money was used up and he had taken on so many activities–from serving as class president to running his own side…

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