Morehouse College seniors got a surprise Sunday when billionaire investor Robert F. Smith announced during his commencement speech that he would pay off their student loan debt
Morehouse College seniors got a surprise Sunday when billionaire investor Robert F. Smith announced during his commencement speech that he would pay off the student loan debt for the historically black college's graduating class.
"My family is going to create a grant to eliminate your student loans," he told the newly minted graduates in Atlanta. The sum among the more than 300 students adds up to about $40 million, Morehouse spokeswoman Aileen Dodd told CNN. Smith on Sunday also received an honorary degree, along with actor Angela Bassett and psychologist Edmund Gordon. The entrepreneur, founder of the investment firm Vista Equity Partners, is worth about $5 billion, according to Forbes.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soon more borrowers will be able to use vacation days to pay off student-loan debtTrading in your vacation days to pay your student loans? That's about to become reality for more people:
Read more »
How to use minimalism to pay off your student loansBy looking at minimalism as a lifestyle instead of a sacrifice, Jennifer Chan became debt-free in a few short years.
Read more »
Student sues Georgetown after dad admits to paying $400K in college admissions scandalThe student claims no knowledge of his father's $400K payment and is seeking a lawsuit that would stop Georgetown from imposing academic discipline against him.
Read more »
South Korea's latest big export: Jobless college graduatesCho Min-kyong boasts an engineering degree from one of South Korea's top un...
Read more »
Analysis | Mike Pence’s speech to Christian college graduates furthers ‘evangelical persecution complex’Analysis: Mike Pence’s speech to Christian college graduates furthers the 'evangelical persecution complex'
Read more »
Immigrant mother, daughter graduate from same college, together'It’s never too late even if you dream about something. You just have to hold that dream tight.” Immigrant mother, daughter graduate from same college, together.
Read more »
How to tell it's time for a new credit card: Five signsIs your credit card no longer a good fit? These five signs suggest you need to consider finding a new credit issuer to do business with.
Read more »
Graduating students in China to put pressure on job market, says premierChina still faces 'relatively big' pressure on employment this year as...
Read more »
Trump Says He’s ‘Proud’ of Barr for Investigating Mueller Probe’s Origin“They want to look at how the whole hoax got started,” Trump said Tuesday as he departed the White House for an event in Louisiana. Trump denied that he ordered Barr to launch the investigation, though he has repeatedly encouraged it in public remarks. Trump has insisted that the Russia investigation
Read more »
Alabama students speak out on abortion ban: ‘I’m not planning on living here after I graduate’The near-total abortion ban passed by the Alabama Legislature and signed into law this week was a major topic of conversation among students at the University of Alabama in Tuscaloosa. A nonscientific sampling of students found that not only had all of them heard about the ban, but most worried about
Read more »
Here’s how graduate students can truly take advantage of their summer breakThe summer months are no time for slacking off in the world of higher education.
Read more »