Shock and joy as US billionaire pledges to wipe student debts

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Shock and joy as billionaire pledges to wipe student debts

Billionaire investor Robert Smith surprised graduating students at Morehouse College in Atlanta, Georgia, by using his commencement speech to pledge to pay off the student loan debt of the entire class of 2019.He is a longtime philanthropist who supports causes including education and the artsVideo footage of Mr Smith's remarks show the announcement was met with shock, as people's mouths fell agape, before students started cheering and the crowd gave him a standing ovation.

"This is my class, 2019, and my family is making a grant to eliminate their student loans," Mr Smith added, gesturing toward hundreds of students dressed in black robes and mortarboards."I want my class to look at these [alumni] — these beautiful Morehouse brothers — and let's make sure every class has the same opportunity going forward, because we are enough to take care of our own community.

Morehouse is a historically black college, one of more than 100 schools founded to serve African-American students, mostly in the US South, before the 1964 Civil Rights Act outlawed school segregation. The wealthiest black man in the United States, he is worth an estimated $US5 billion , according to Forbes magazine, and is a longtime philanthropist.

Source: Education Headlines (educationheadlines.net)

 

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Whatever America is, it certainly has plenty of philanthropists. Robert F. Smith, you are a champion of the people. You are a human god. You are a beautiful selfless human being, able to part with many millions on behalf of the future generation. Many blessings to lovely you. 🙏

Iw to climate all the money back from that hacker ineed to be returned in refund all the money back idont made one dollars to now okey we need to pay back I’m in to made order to be grand all the hackers licence in ineed from Australian gov to start investigation wout the hacker

Show us your money dude!

Wow. This is awesome.

Our billionaires are probably not so inclined.

😲😲😲 He's welcome to do mine too.

Pay it forward, rather than wasting it all on insane bets on elections.

This will be Australia soon.

philanthropy is a sign the tax system isn't working

But. But... This is RANK SOCIALISM!!!

FOXTV

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