Students at Georgetown voted in favor of this last spring. It’ll be fascinating to see how much gets paid out to the beneficiaries.

ABC News reports:

Georgetown University announces reparations fund to benefit descendants of slaves once sold by the school

Georgetown University announced on Tuesday it will create a fund that could generate close to $400,000 a year to benefit the descendants of slaves once sold by the university, the latest in the school’s efforts to address the historical legacy of slavery.

In 1838, the university sold 272 slaves to pay off debts and ultimately keep the school open. Georgetown has been engaged in conversations over the last few years about how to acknowledge that history, including rededicating buildings named after two former Jesuit university presidents that facilitated the sale and creating an admissions policy for the descendants of the slaves.

Students voted in support of implementing a fee of $27.20 a semester for a reparations fund in April, but the university’s Oct. 29 announcement said they will move forward with the fund, without a student fee. The school said that as officials began to openly discuss the effort more, members of the community connected to the school said they wanted to participate in benefiting the descendants of slaves.

“We embrace the spirit of this student proposal and will work with our Georgetown community to create an initiative that will support community-based projects with Descendant communities,” Georgetown President John HJ. DeGioia wrote in the letter to the school.

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