Policy for the People Emerging Leaders Summit Series Program Book

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The Congressional Black Caucus Foundation, Inc. Presents

EMERGING LEADERS' SUMMIT THURSDAY, JUNE 24, 2021 10-11 AM ET

& 2-3 PM ET

SESSION 1

Student Loan Debt: A Barrier to Building Black Wealth | 10-11 AM ET SESSION 2

Mission-Driven Entrepreneurship in the 21st Century | 2-3 PM ET


Join us for the first-ever Emerging Leaders’ Summit. This summit aims to create space for the next generation of leaders to cultivate innovative ideas, embrace their political voice, and create a new trajectory for the Black community.

Engage. Ask Questions.

Empower Others.


CONTENTS 3 President's Message 5 Student Loan Debt: A Barrier to Building Black Wealth

7 Mission-Driven Entrepreneurship in the 21st Century

9 Acknowledgments


Welcome "Policy for the People" Summit Series Welcome to our “Policy for the People” Emerging Leaders’ Summit, proudly hosted by the Congressional Black Caucus Foundation, Inc. (CBCF).

As you may know, we launched the “Policy for the People” series as a forum to provide policy updates and insights on critical issues affecting the Black community. It is from this foundation that we present our first-ever Emerging Leaders’ Summit featuring Millennial and Generation Z leaders to examine two issues affecting Black economic empowerment: Student Loan Debt: A Barrier to Building Black Wealth and Mission-Driven Entrepreneurship in the 21st Century. The Emerging Leaders’ Summit will explore these issues that affect building Black wealth through the lived experiences of Millennials and Generation Z leaders. Over two sessions, these leaders will share their views on student debt and examine the unique challenges and opportunities of entrepreneurship. Our dynamic and thoughtful panel and you—our audience members—will grapple with these issues that can either hinder or boost our efforts toward shrinking the racial wealth gap and empowering our community. Thank you very much for participating. I trust that today’s Emerging Leaders’ Summit will both inform and inspire you as we explore these two issues that affect the economic empowerment and Black wealth building ability of Black Millennials and Generation Z—and the entire Black community—now and in the future.

Sincerely,

Tonya Veasey CBCF President and CEO

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Student Loan Debt: A Barrier to Building Black Wealth Thursday, June 24, 2021 | 10 – 11 AM ET

Already working to overcome an insufficient minimum wage and the rising costs of living during a global pandemic, many Black Millennials and Gen Zers also facing crippling student loan debt that is severely hindering the ability to create generational wealth. Nearly 86.8% of Black students have taken federal student loans to attend four-year public colleges compared to 59.9% of white students. The high percentage of borrowers has resulted in high rates of loan defaults for Black students, defaulting at a rate of five times more than white graduates do. The debt Black students generate pursuing a college degree often creates many risks and little reward as Black students annually earn $7,000 less than white graduates, shared in a study by the Economic Policy Institute. The long-term effects of student loan debt have blocked many Black people from being able to fully participate and contribute to our economy. This panel of finance and policy experts will discuss how to build wealth while tacking student loan debt and what loan forgiveness looks like for the Black community.

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Featured Speakers Student Loan Debt: A Barrier to Building Black Wealth

CBC MEMBER

MODERATOR

Rep. Gregory Meeks

Sianay Chase Clifford

U.S. House of Representatives

Congressman John Lewis Social Justice Fellow, Congressional Black Caucus Foundation, Inc.

PANELIST

PANELIST

Dr. Fenaba R. Addo

Dr. Devon Graves

Associate Professor of Public Policy, University of North Carolina- Chapel Hill

Assistant Professor of Higher Education, California State University, Stanislaus

PANELIST

Victoria Lee Research Analyst, Urban Institute

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Mission-Driven Entrepreneurship in the 21st Century Thursday, June 24, 2021 | 2 – 3 PM ET

Every day we witness those who take their passions to the highest level, like Misty Copeland becoming the first Black Woman Principal Dancer with the American Ballet Theatre, Serena Williams became one of the greatest athletes of all time and even former president, Barack Obama, following his passion for equality and democracy to the White House. Each of these leaders found the perseverance, strength and unwavering dedication to remain focused on their values. This session will gather leaders across various industries to explore how they use passion to fuel their work, create success outside of cultural norms and prioritize a vision and unique mission to create and sustain unconventional careers. Participants will hear from leaders who developed an outside-the-box path, creating opportunities for themselves and others.

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Featured Speakers Mission-Driven Entrepreneurship in the 21st Century

CBC MEMBER

MODERATOR

Rep. Frederica S. Wilson

Angela Yee

U.S. House of Representatives

Host of: The Breakfast Club, Owner of Drink Fresh Juice

PANELIST

PANELIST

Keenan Beasley

James Chapman

Founder and President, Venture Noire

CEO, Plain Sight

PANELIST

Brittany A. Rhodes Founder and General MATHager, Black Girl MATHgic

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Thank you for joining us for the Congressional Black Caucus Foundation’s Center for Policy Analysis and Research Virtual Summit Series.


Thank You TO OUR SPONSORS

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Board of Directors

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Corporate Advisory Council

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Congressional Black Caucus Foundation, Inc.

2021 VIRTUAL

ANNUAL LEGISLATIVE CONFERENCE


SAVE THE DATE

SUNDAY SEPTEMBER 12, 2021 – FRIDAY SEPTEMBER 17, 2021


EMERGING LEADERS' SUMMIT