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Netflix CEO Invests $120 Million Into HBCUs To Lower Student Debt
historically Black colleges and universities.Netflix CEO Reed Hastings along with his wife Patty Quillin have given $40 million to the United Negro College Fund, Spelman College and Morehouse College each. The total, $120 million, is the largest-ever individual gift to support students of color at HBCUs.The funds will specifically be used to create scholarships so the next generation will graduate with less debt.Hastings told ESSENCE Tuesday that after working with Dr.