‘A Different World’ and Wells Fargo Team Up for HBCU Tour

Wells Fargo is teaming up with the cast and people behind “A Different World,” for the HBCU College Tour 2024, to celebrate HBCU culture and offer helpful resources about scholarships, career opportunities, and building generational wealth.

The tour kicked off in Atlanta on Feb. 29, and comes to D.C. on April 9, as cast members from “A Different World” and representatives from Wells Fargo will visit Howard University to celebrate HBCUs and provide resources for financial literacy and growth.

The United Negro College Fund’s (UNCF) 2021 “Social Mobility Outcomes for HBCU Alumni,” report reveals HBCUs account for 80% of Black judges, 50% of Black of doctors, and 50% of Black lawyers (according to research from The Network Journal, 2010).  Further, UNCF estimates that HBCU graduates working full-time can expect to earn $927,000 in additional income in comparison to non-college graduates or Black alumni from non-HBCUs.

With a company-wide commitment to overall diversity, HBCUs are a top priority for Wells Fargo, as investing in these institutions supports the next generation of changemakers.

While homeownership is important, a recent Redfin report revealed only 33% of Black millennials own homes in comparison to 65% of their white counterparts.

Wells Fargo offers a grant program to bolster minority homeownership.