Louisiana State College’s star, guard Flau’Jae Johnson, took a step again from March Insanity to assist households attain monetary freedom. Forward of the 2025 NCAA ladies’s basketball event that’s set to kick off on Thursday, Johnson joined Experian as an organization spokesperson, working to alleviate $5 million of shopper debt amongst 5,000 households in Louisiana.
“It’s onerous to create a successful monetary recreation plan if you find yourself blocked by debt,” Johnson mentioned in a press launch. “I’m excited to associate with Experian to empower households within the state and throughout the nation to allow them to change into monetary champions of their future.”
In an Experian advert, the rapper and basketball participant explains, “You already know what’s larger than basketball? Monetary empowerment. Funds are powerful, and Experian helps the subsequent era pursue their desires. That’s why I’m excited to announce Experian is wiping out $5 million of debt for households in Louisiana.”
Along with its $5 million dedication, Experien has additionally vowed to clear a further $100,000 in debt for each recreation the LSU ladies’s basketball workforce wins, which may complete as much as $500,000.
“I really like that Experian is giving these households monetary freedom,” the rapper and basketball participant continued within the video. “It’s going to open up a lot alternative for them. That’s huge.”
Johnson is not any stranger to the significance of constructing generational wealth. At simply 20 years previous, final yr, the LSU star bought 20 acres of land in Atlanta, Georgia—a transfer she says “means a lot as a younger Black lady persevering with to beat the chances.”
“This land represents extra than simply an funding for me—it’s about constructing one thing larger than basketball or music,” she mentioned in a separate submit. “I wish to create alternatives for my neighborhood and go away a legacy that reveals younger ladies, particularly younger Black ladies, that we are able to do all of it. Proudly owning 20 acres at my age is proof that with imaginative and prescient and onerous work, we are able to break boundaries and construct the long run we dream of.”
Simply as Flau’Jae hopes to encourage change in Black communities, Experian says its debt aid initiative launching in Louisiana stems from comparable intentions. This system’s web site showcases statistics highlighting the monetary challenges the state’s Black customers face, together with 50% of Black adults (18+) being “very/pretty frightened” about getting out of debt and 52% working to rebuild their credit score. Moreover, the corporate addresses Black homeownership struggles, with one in 4 African American mortgage functions being denied, in response to a 2024 examine.
“Rising up in a neighborhood the place lots of people weren’t educated about their funds, I really feel prefer it’s my time to vary the best way that we have a look at cash and see funds,” Johnson concluded.
