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Hobson/Lucas Family Foundation

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Princeton Creates Hobson College, Its First Residential College Named After A Black Woman

Since the Black Lives Matter Movement began to create new dialogues on race relations around the country, higher education has been at the forefront of a lot of the conversations for change. Princeton University is the most recent institution to change the narrative. The Ivy League university announced — this week — that it has received a donation from alumna, Mellody Hobson. They also revealed the Hobson/Lucas Family Foundation is set to help convert Wilson College into Hobson College, making it the first-ever new residential college named after a Black woman in the university’s history. Hobson is the president and Co-CEO of the country’s first minority-owned asset management firm, Ariel Investments. She is also the former chairwoman of DreamWorks Animation and according to The Daily Princetonian , in 2017 she became the first Black woman to lead The Economic Club of Chicago. “No one from my family had graduated from college when I arrived at Princeton from Chicago,” said Hobson in...

Oct 9, 2020