Time Magazine covers Robert Smith’s Student Freedom Initiative in partnership with JFI

After the announcement of Robert Smith’s Student Freedom Initiative (SFI) to provide alternative higher education financing support for students at historically Black colleges and universities (HBCUs), Time Magazine was the first of many major publications to feature the new multi-billion dollar non-profit initiative. JFI serves as a key partner for the program’s design, analytics and research given our extensive work in higher education finance.

“You think about these students graduating and then plowing so much of their wealth opportunity into supporting this student debt, that’s a travesty in and of itself,” Robert Smith said in a discussion with Time Editor-in-Chief Edward Felsenthal.

Time Magazine’s coverage was syndicated by ImpactAlpha’s “The Brief”, Philanthropy News Digest, Inside Higher Ed, TheGrio, Washington Informer, Yahoo! Lifestyle (US), Fox Business, Wealth-X, and Town & Country. Read the full Time article about the program here.

SFI is led by Robert Smith and Executive Director Keith Shoates, in collaboration with Fund II Foundation, the United Negro College Fund (UNCF), Skadden Arps, the Education Finance Institute (EFI), as well as JFI. Bob Jain of Millennium Management and the Jain Family Institute is on the board. View the full press release here.

Thank you to Katie Reilly at Time Magazine for the feature. Please email communications@jainfamilyinstitute.org for more information.