Billionaire tech investor Robert F. Smith announced Sunday his family was creating a grant to pay off the debt of Morehouse College’s entire graduating class.
May 19 (UPI) — Billionaire tech investor Robert F. Smith announced Sunday his family was creating a grant to pay off the debt of Morehouse College’s entire graduating class.
Speaking during the commencement ceremony for the private, all-male, historically black liberal arts college in Atlanta, Smith made the surprise announcement offering an estimated $40 million to pay off the debt of the nearly 400 graduating seniors.
« My family is going to create a grant to eliminate your student loans, » Smith said.
