WASHINGTON, Sept. 1 (UPI) -- Georgetown University, the nation's oldest Catholic and Jesuit higher-education institution, announced plans to offer preferential admission to nearly 300 descendants of slaves used to fund the school nearly 200 years ago.
The private college, opened in 1789, also said it will offer a formal apology, create an institute for the study of slavery and build a public memorial to atone for its past use of slaves. In 1838, the school sold 272 slaves to pay its debts and keep the school afloat. The school received $115,000, or about $3.3 million in today's dollars.