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 girls’s basketball event that’s set to kick off on Thursday, Johnson joined Experian as an organization spokesperson, working to alleviate $5 million of client debt amongst 5,000 households in Louisiana.
“It’s onerous to create a successful monetary sport plan if you end up blocked by debt,” Johnson stated in a press launch. “I’m excited to accomplice with Experian to empower households within the state and throughout the nation to allow them to develop into monetary champions of their future.”
In an Experian advert, the rapper and basketball participant explains, “You understand what’s greater than basketball? Monetary empowerment. Funds are powerful, and Experian helps the following 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 sport the LSU girls’s basketball group wins, which may whole 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 12 months, 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 greater than basketball or music,” she stated in a separate publish. “I wish to create alternatives for my neighborhood and go away a legacy that reveals younger girls, particularly younger Black girls, that we will do all of it. Proudly owning 20 acres at my age is proof that with imaginative and prescient and onerous work, we will break boundaries and construct the longer term we dream of.”
Simply as Flau’Jae hopes to encourage change in Black communities, Experian says its debt reduction initiative launching in Louisiana stems from related intentions. This system’s web site showcases statistics highlighting the monetary challenges the state’s Black shoppers face, together with 50% of Black adults (18+) being “very/pretty nervous” 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 purposes being denied, in accordance with 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 alter the best way that we take a look at cash and see funds,” Johnson concluded.
