Billionaire philanthropist Robert F. Smith shocks Morehouse grads by promising to pay off student loans: 'We're going to put a little fuel in your bus.'
While most commencement speakers offer words of encouragement to college graduates headed into the cold and cruel work world, billionaire philanthropist Robert Smith left the class of 2019 at Morehouse University inspired and astonished by his pledge to"put a little fuel in your bus."
But Smith, ranked by Forbes magazine as one of the richest people in America with an estimated net worth of $4.4 billion, said he had one request from the beneficiaries of his generosity. He said he was stunned by Smith's announcement. He added that he had spoken to Smith on Saturday night about student debt being one of the biggest challenges graduates of Morehouse faced, but he had no idea what Smith was going to do a few hours later.
"Throughout his speech, he talked about a commitment to black people and he obviously demonstrated it at the end of the speech," Burns, who plans to go to graduate school at the University of Chicago on a full scholarship, said of Smith.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morehouse College grads are surprised by a billionaire's promise to pay 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
Read more »
What to know about Robert F. Smith, the man paying off Morehouse grads' student loansThe 56-year-old billionaire investor is the richest black person in the United States.
Read more »
Billionaire pledges to pay off student loan debt for Morehouse College class of 2019Robert F. Smith surprised the nearly 400 graduates of the historically black, all-male college during his commencement address.
Read more »
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.
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.
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.
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
Read more »
This Billionaire Just Pledged To Pay Off Everyone's Student Loan Debt In The Morehouse Class of 2019This billionaire just pledged to pay off everyone's student loan debt in the Morehouse Class of 2019:
Read more »