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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J.

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Speaker 2: Trump's leadership.

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Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.

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Speaker 1: Under President Trump, attempted illegal border crossings are at the

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Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal

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Speaker 1: aliens have been arrested. If you are here illegally, your

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Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,

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Speaker 1: and deported.

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Speaker 2: You will never return.

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Speaker 1: But if you register using our CBP home app and

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Speaker 1: leave now, you could be allowed to return legally.

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Speaker 2: Do what's right. Leave now.

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Speaker 1: Under President Trump, America's laws, border and families will be protected.

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Speaker 3: Sponsored by the United States Department of Homeland Security.

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Speaker 4: Well documented to give back to the senior class of

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Speaker 4: Borehouse UH and then I recently, you know saw that

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Speaker 4: the parents as well of some of the students UH,

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Speaker 4: their their tuitions were their student loan debt.

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Speaker 5: Taking care of One of the things I heard you

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Speaker 5: speak about, and I haven't.

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Speaker 4: I've never heard it was broadband deserts and how HBCUs

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Speaker 4: are disproportionately.

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Speaker 5: Affected by having board band deserts.

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Speaker 4: Not a topic that I've heard discussed, you know, nationally

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Speaker 4: or even in you know, amongst communities, about how that

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Speaker 4: affects students long term and how it affects communities and education.

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Speaker 4: Can you talk about your efforts to try to combat that. Yeah,

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Speaker 4: it's a great question.

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Speaker 6: Uh, we've been talking about what is really the Fourth

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Speaker 6: Industrial Revolution that's occurring today. Every industry is being digitized,

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Speaker 6: every single one. I mean you just look in our

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Speaker 6: studio here and how much of this equipment is now

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Speaker 6: digit versus what it was even eight years ago.

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Speaker 5: Whereas analog right, the capacity to edit okay, the capacity to.

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Speaker 6: Deliver streaming real time, you know, phase time around the world,

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Speaker 6: your program, that wasn't you know something you could do

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Speaker 6: ten years ago, twelve years ago?

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Speaker 5: Okay?

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Speaker 6: Digitizing everything every industry. This is again, this whole fourth

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Speaker 6: Industrial Revolution is changing the economic landscape of this planet.

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Speaker 6: But yet our HBCUs, eighty percent of them are in

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Speaker 6: broadband deserts. How are you going to participate if you

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Speaker 6: don't have access to the tool of progress, the principal

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Speaker 6: tool of progress today in the economy, And that is

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Speaker 6: a big problem. And that's one that we decided to

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Speaker 6: take on, and I decided to take on and bring

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Speaker 6: some partners to take on to go get after this.

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Speaker 5: We have to enable all of our.

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Speaker 6: Citizenry to participate in this next generation of opportunity. The

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Speaker 6: US today, you own know this. Our borders are basically closed. Okay,

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Speaker 6: you know we've got immigration laws and political conflict that

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Speaker 6: in essence we are not importing labor anymore. And as

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Speaker 6: we need to grow as society, we need people.

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Speaker 5: I just tell people the biggest issue, the.

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Speaker 6: Most scarce asset we have on this planet today or

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Speaker 6: software programmers. There's eight billion people on the planet. There's

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Speaker 6: only twenty six million of us who write software.

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Speaker 5: For a living.

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Speaker 6: And it is that software that is required to digitize

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Speaker 6: every industry on the planet. Automotive, healthcare, demands, banking, all

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Speaker 6: of it is now requiring tools and systems that.

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Speaker 5: Digital in nature.

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Speaker 6: But yet one of the greatest infrastructures for training people Historically,

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Speaker 6: black college and universities eighty percent of them don't have

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Speaker 6: broadband access where our kids can learn.

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Speaker 5: The tools of this craft.

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Speaker 6: In a way that they can participate effectively long term.

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Speaker 6: And if we don't get this right now, eight years

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Speaker 6: from now, ten years from now, twenty years from now,

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Speaker 6: the market of change and opportunity and transformation will have

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Speaker 6: been gone so far that we won't be able to

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Speaker 6: participate in this next way. We didn't get to participate

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Speaker 6: in the great economic opportunity that was America in owning land, okay,

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Speaker 6: many of our families were unpaid labor okay, which created

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Speaker 6: massive wealth. And then you had gi Bill Home Set Act,

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Speaker 6: Southern Home Set Act. We didn't participate in that proportionately.

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Speaker 6: We didn't get a chance to participate in the asset

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Speaker 6: accretion in real estate because of redlining in those dynamics.

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Speaker 6: And so now here we are corporate Americas started to expand.

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Speaker 6: It has taken a while for us to get and

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Speaker 6: we're still not even their fair share of opportunity to

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Speaker 6: participate as professionals environment and now you're going through the

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Speaker 6: fourth Industrial Revolution. If we don't participate here, it's going

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Speaker 6: to be the same dynamic. That's why it's so essential

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Speaker 6: that we equip our children and our communities with the tools,

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Speaker 6: and they need to insist that those tools be provided

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Speaker 6: and insist that they learn and train and develop ways

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Speaker 6: to participate in this economy, in this digital economy. What

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Speaker 6: percentage of your viewership you think is listening on some

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Speaker 6: digital device or digital ablement.

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Speaker 4: Yeah, this episode is brought to you by P and

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Speaker 4: C Bank. A lot of people think podcasts about work

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Speaker 4: one simple system. If you're a business owner or even

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Speaker 4: can keep pushing your vision forward.

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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 1: accused of murdering a tech This man of Venezuelan charged

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Speaker 1: with filming and selling child pornography in Michigan.

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Speaker 2: These are just.

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Speaker 1: Some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J.

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Speaker 2: Trump's leadership. I'm Christy Noman, the.

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Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted

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Speaker 1: illegal border crossings are at the lowest levels ever recorded,

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Speaker 1: and over one hundred thousand illegal aliens have been arrested.

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Speaker 1: If you are here illegally, your next you will be

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Speaker 1: fine nearly one thousand dollars a day, imprisoned and.

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Speaker 2: Deported, you will never return.

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Speaker 1: But if you register using our CBP home app and

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Speaker 1: leave now, you could be allowed to return legally.

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Speaker 2: Do what's right. Leave now.

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Speaker 1: Under President Trump, America's laws, border and families will be.

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Speaker 3: Protected sponsored by the United States Department of Homeland Security.

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Speaker 6: Your business relies on it, so why shouldn't your community

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Speaker 6: participate in it.

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Speaker 5: And right now those schools are being star up to

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Speaker 5: those resources.

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Speaker 6: You can say, conscious, unconscious, whatever it is, but the

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Speaker 6: fact is it is there. That's what we have to

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Speaker 6: do about it. Look, I'm going to do my part,

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Speaker 6: and you guys got to continue to do your part and

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Speaker 6: make sure that your viewership demands that our HBCUs have

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Speaker 6: access to broadband, every one of them, not just the

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Speaker 6: big ones, every one of them, so that our kids

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Speaker 6: could learn and participate and have the ability to now

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Speaker 6: take what they know and deliver business systems solutions into

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Speaker 6: their community to make their small and medium businesses in

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Speaker 6: their community and the education of the kids in our

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Speaker 6: community more effective than what it is today.

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Speaker 7: We want to just follow up on that on the

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Speaker 7: HPCU thing, because you got a lot of headlines when

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Speaker 7: you do more house, when you paid off the student loans.

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Speaker 7: But when we were in LA and I heard you

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Speaker 7: speak about that, and I realized that it wasn't It's

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Speaker 7: a little bit more complicated, which actually led to something else,

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Speaker 7: another initiative. So can you talk about that because people

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Speaker 7: just saw he paid off everybody's doing the loan, but

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Speaker 7: that's not actually the full story, right, Yeah, so.

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Speaker 6: The next thing, so what I hell, Like all things,

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Speaker 6: it's not as easy as you think to pay off

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Speaker 6: somebody's loan.

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Speaker 5: And everybody's like.

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Speaker 3: What are you talking about? Who would have thought?

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Speaker 5: Because yeah, wh would have thought?

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Speaker 6: Right, Because if you pay off somebody's loan, either you're

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Speaker 6: giving them a gift or they're receiving a gift. Now

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Speaker 6: they got to pay taxes on it, So there's a

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Speaker 6: burden to them or an increasing burden to you. So

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Speaker 6: you've got to actually architect a system to do that

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Speaker 6: effectively so that doesn't create the burden in that process.

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Speaker 6: What I learned is over sixty percent of African American

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Speaker 6: wealth goes towards servicing student loans. Okay, you come out,

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Speaker 6: you got sixty eighty one hundred and twenty thousand dollars

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Speaker 6: with the student loans. Now you're paying interest on those loans.

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Speaker 6: Something happens in your family, to use your job, whatever.

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Speaker 6: Now that compound and it can be decades before you've

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Speaker 6: paid off those student loans. That inhibit your ability to

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Speaker 6: buy stocks, bonds, a house, invest in a business, you

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Speaker 6: see what I mean. And I was like, well, that's

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Speaker 6: just unconstable because most of the student loans you're paying

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Speaker 6: back to the United States government. Yeah, African Americans paying

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Speaker 6: money back to United States government to pay.

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Speaker 3: Our student loans.

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Speaker 5: How y'all feel about that? That's crazy?

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Speaker 6: Okay, yeah, y'all should think about that, right, talk about that, right.

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Speaker 6: So then I thought, well, what's a better way to

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Speaker 6: do it? This is what's the better equilibrium system? The

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Speaker 6: better equilibrium system is to create a fund. It's called

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Speaker 6: the Student Freedom Initiative. We raise money, I put in

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Speaker 6: a bunch of money, and now these students borrow from

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Speaker 6: the fund. Okay, make sure it fits our condition. Our

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Speaker 6: condition often is that we often aren't paid as much

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Speaker 6: as corresponding white students. So let's make sure that the

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Speaker 6: interest rate is below. Parent plus loans at a minimum,

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Speaker 6: at a minimum and.

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Speaker 5: Every now and you have life interruptions.

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Speaker 6: Okay, Well, if there's a life interruption, you know, parent ailing,

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Speaker 6: we got to go back take care of that parent.

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Speaker 6: Then we can actually stop those payments in that period

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Speaker 6: of time. Parent plus now you're gonna pay whether you

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Speaker 6: work it or not, under compounds and all that. So

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Speaker 6: you can stop it during that period of time. And

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Speaker 6: if you decide to go work in a community to

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Speaker 6: be a teacher like you were, right, okay, and you're

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Speaker 6: making below a certain amount, but you're doing good for

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Speaker 6: the community. You do that for twenty years and that's forgiven.

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Speaker 6: But rather than pay that money back to the government,

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Speaker 6: it pays back into the fund, and then that fund

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Speaker 6: can relend that capital and that's.

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Speaker 5: A virtuous cycle.

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Speaker 3: Okay.

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Speaker 6: So that's a student Freedom Initiative is okay, And so

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Speaker 6: that our students can borrow from this fund and they

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Speaker 6: pay back into that fund.

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Speaker 3: They can be reborrowed.

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Speaker 6: So now you're taking care of your own community through

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Speaker 6: your work in that regard.

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Speaker 3: That's what it is.

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Speaker 7: And the money goes back to the next generation of students.

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Speaker 6: Right my graduates from my school being forced back drop drop, Mike,

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Speaker 6: drop bag drop.

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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J.

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Speaker 2: Trump's leadership.

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Speaker 1: I'm Christy Noman, the United States Secretary of Homeland Security.

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Speaker 1: Under President Trump, attempted illegal border crossings are at the

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Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal aliens.

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Speaker 2: Have been arrested.

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Speaker 1: If you are here illegally, your next you will be

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Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported.

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Speaker 2: You will never return.

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Speaker 1: But if you register using our CBP home, app and

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Speaker 1: leave now. You could be allowed to return legally.

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Speaker 2: Do what's right. Leave now.

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Speaker 1: Under President Trump America's laws, border and families will be protected.

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Speaker 3: Sponsored by the United States Department of Homeland Security,