Historically Black Schools Pay More to Issue Bonds, Researchers Find
August 16, 2018
August 16, 2018
NOTRE DAME, Indiana, Aug. 16 -- Notre Dame issued the following news release:
A new study from the University of Notre Dame found that historically black colleges and universities (HBCUs) pay higher fees to issue tax-exempt bonds than non-HBCUs. And the evidence points to racial discrimination as the cause.
This was the finding of Paul Gao, Viola D. Hank Associate Professor of Finance at Notre Dame's Mendoza College of Business, and co-authors Casey Dougal of Drexel Uni . . .
A new study from the University of Notre Dame found that historically black colleges and universities (HBCUs) pay higher fees to issue tax-exempt bonds than non-HBCUs. And the evidence points to racial discrimination as the cause.
This was the finding of Paul Gao, Viola D. Hank Associate Professor of Finance at Notre Dame's Mendoza College of Business, and co-authors Casey Dougal of Drexel Uni . . .