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Advancing racial equality and economic opportunity in Texas

Bank of America commits $25 million to enhance up-skilling and reskilling for Black and Hispanic-Latino individuals, including $2.65 million for students in Texas.

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By Bank of America

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection.

How Bank of America is investing in Black and Hispanic Students in Texas: A panel discussion hosted by Bank of America Austin Market President, Nikki Graham

“Advancing economic mobility through education and workforce training is a priority for Bank of America in Texas and across the country. Creating meaningful career opportunities that include a pathway to reducing student debt, obtaining health care and retirement benefits will ultimately help Black and Hispanic-Latino students build net worth, help their families, and drive meaningful progress in our communities.”

— Jennifer Chandler, Dallas Market President, Bank of America

“We are preparing our students with relevant skills as well as degrees. Our partners, private companies of all sizes and across many industries in and around Dallas, are in need of such graduates.”

— Dr. Pyeper Wilkins, Vice-Chancellor, Workforce & Advancement of Dallas College

“As the longest-standing institution of higher learning in Austin, Huston-Tillotson University continues to demonstrate making our mission a reality by being a transformational force in the fabric of the community and beyond. When our community partners recognize this and work alongside us to create meaningful and sustaining partnerships, it strengthens our entire community. This combination of like-minded companies is a phenomenal example of collaborations committed to education as the great equalizer.”

— Dr. Colette Pierce Burnette, President and CEO, Huston-Tillotson University

“The current times have been very challenging and disruptive for our students, often causing them to question whether they can continue their studies. Efforts by Bank of America to encourage their persistence and ambition are very much needed and will create a pathway for many to remain enrolled and complete their education. We are grateful for the timeliness and generosity of these actions.”

— Dr. Ruth Simmons, President, Prairie View A&M University

“The opportunity for Black and Hispanic-Latino communities to have access to high-quality jobs is critical for addressing the racial wealth gap in our country. This initiative aims to strengthen the hiring pipeline for Black and Hispanic-Latino students, creating not just jobs but the opportunity to enjoy lifelong careers, which will create a lasting ripple effect across our communities and the greater economy.”

— Ebony Thomas, Senior Vice President, ESG: Racial Equality and Economic Opportunity Executive, Bank of America