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.
"On behalf of the eight generations of my family who have been in this country, we're going to put a little fuel in your bus," he told the newly minted graduates in Atlanta before saying his family was creating a grant to eliminate their student loans.The announcement was met with a standing ovation and chants of"MVP!""Now, I know my class will make sure they pay this forward," he continued.
— Morehouse College May 19, 2019 The sum among the 396 students adds up to about $40 million, said Morehouse President David A. Thomas. He called Smith's gesture"a liberation gift." Read More"When you have to service debt, the choices about what you can go do in the world are constrained," he said." gives them the liberty to follow their dreams, their passions.
Curious. What would everyone say if a white billionaire went to an all male, predominantly white private college and paid off all their student loans?
Hero 🦸♂️
Pretty amazing act of kindness, but I didn’t see much diversity in the beneficiaries.
charlesadler Posted two hours ago. cnn has 42 million followers. Only 654likes? How many fake followers 3999346?
NitoCortizo el panameño quiere combustible ⛽️ en el bus como dice el señor mas gente así debería haber en Panama
I think it is a wonderful way of using money.😃👏👏👏👏 So you are a billionaire.😉✨
I wish CNN can help me get out of my debt with student loans. I had to stop going because my finance hit the limit. I owe $68,000.00, and barely can pay my bills. Maybe Mr. Robert F. Smith have room for one more student its my dream. I promise to make good of it!
This guys def has the heart and will to be part of The Avengers Initiative, if the org was real. (the fictional group headed by Tony Start which helps people and countries). Bravo!
He will get LOTS OF INVITATIONS next year.
Evil billionaires!
That's right kids, why worry about debts you incur? Someone will always be around to pay them for you.
ComanderSam Sooooo, depending on how much actual good this does in the world putting all of those students ahead that much more in life, giving them that much more of a chance to succeed, wouldn't God look more favourably on this rich man, than one that used his wealth on himsf
When humanity overcome greed, greed and repression.
Good for them.
Great, very kind gesture...too bad it’s an all male college. Pay inequality is alive and well
Great gesture. Wish more liberal Billionaires, Big Corps and Hollywood Elites would put their money together and pay off all student debt. Where is George Soros and the Rothschilds when you really need them... social engineering?
GOD....You have never created any Religion, Country or Race but at one of your planet People are fighting & Killing each other based on their own Creation of Differentiation. Please listen asap.
Amazing
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Billionaire Robert F. Smith pledges to pay off Morehouse College Class of 2019′s student loansThe surprise announcement left the graduates crying and jumping for joy. This is wonderful. We need more of such gestures from more of such men and women What's next? Free loans for everyone? Stopfreeschoolnow Iran is the world's largest terrorist country with drugs and terrorist training facilities We hope that American newspapers will present the crimes of the regime of Iran and the Revolutionary Guards in Iraq through their terrorist militias
Source: washingtonpost - 🏆 95. / 72 Read more »
A Billionaire Said He'll Pay All Of The Morehouse College Class Of 2019's Student DebtBillionaire Robert F. Smith Said He'll Pay All Student Debt Of Morehouse College Class Of 2019 Robert.... you are a WONDERFUL man. 🙌🏼🙌🏼
Source: BuzzFeed - 🏆 730. / 51 Read more »
Philanthropist pledges millions to clear Morehouse grads' student debtThe Vista Equity Partners founder told 396 new alum of the historically black college that he'll payoff their school loans — an estimated debt of $40 million. White privilege? 💝🥇🤟🏼 NBCNews Tough to decide to work/save or accumulate college debt; never know who will pay it off, a billionaire or Elizabeth Warren
Source: NBCNews - 🏆 10. / 86 Read more »
Philanthropist pledges $40 million to clear Morehouse grads' student debtThe Vista Equity Partners founder on Sunday pledged to pay off loans for 396 new graduates of the historically black college. True billionaire doing true billionaire things Wow. Now that is cool beans Wow!!!!!!
Source: NBCNews - 🏆 10. / 86 Read more »
A billionaire commencement speaker at a Georgia college announced that he will pay off the Class of 2019's student loansRobert F. Smith announced in his commencement speech at a Georgia men's college that he would wipe the graduating class' student debt. please come to our school to speak next year! The kids who delivered pizza and tended bar to pay for school must feel pretty dumb right about now. This is BIG! This is the epitome of not just talking a good game, but giving back so that others can have a opportunity to actually see the fruits of their hard work.
Source: BusinessInsider - 🏆 729. / 51 Read more »
It was already a proud day for these new college graduates. Then a billionaire told them he's paying off their student loansMorehouse 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 Give him the Nobel Prize!
Source: CNN - 🏆 4. / 95 Read more »
Billionaire during commencement address: I'll pay off all your student debtRobert E. Smith addresses the graduates. Billionaire investor Robert E. Smith earned some stunned looks on Sunday during his commencement address at Morehouse College. Bernie King, daughter of Martin Luther King Jr., applauded the move and noted her father attended the Atlanta college. Sounds racist That was a very kind gesture, he will continue to prosper because of his generosity.... What a wonderful gesture! Isn’t that how it’s suppose to work? When you have the means give voluntarily. It would be great if more people would emulate him
Source: YahooNews - 🏆 380. / 59 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. BETTER Imagine if she'd attended a community college... She'd be $50,000 ahead of the game instead of even. BETTER Now tell me how i can do the same for a $150,000 loan? Stop eating? BETTER DarioJukic_
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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: Peak millenialism at its finest NO Talk about a scam
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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. If I sell you a stolen TV it’s still a stolen TV whether you know it or not. Too bad. He still didn’t earn it whether he knew or not!
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