News > Philanthropy

Billionaire pledges to wipe out student debt for class of 2019

One year ago   |   By

Robert Smith has pledged to pay an estimated $40m debt of entire graduating class at historic black college Morehouse.
Read more ...

 

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates' Loans?

One year ago   |   By

Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He's also the chairman of the board of Carnegie Hall.
Read more ...

 

Who Is Robert F. Smith? Learn More About the Billionaire Whose Generosity Shocked a Graduating Class

Who Is Robert F. Smith? Learn More About the Billionaire Whose Generosity Shocked a Graduating Class

One year ago   |   By

In an astonishing commencement address, billionaire Robert F. Smith announced on Sunday that he will wipe out student debt for the entire 2019 graduating class at Morehouse College, prompting cheers and more than a few tears from shocked listeners to his commencement speech.
The gift is worth an estimated $40 million, according to the Associated Press, and Smith said his family would pay off the loans through a grant.
News of Smith's generosity quickly went viral, but unlike other high-profile billionaires Smith has a bit less name recognition.
Smith, who has a net worth of about $5...
Read more ...

 

Red Sox CEO gifts Trinity College grads with game tickets

Red Sox CEO gifts Trinity College grads with game tickets

One year ago   |   By

Graduating students at a Connecticut college have been greeted with a surprise from their commencement day speaker: free tickets to a Boston Red Sox game.
Read more ...

 

Robert Smith Pledges To Pay Off Student Loans For Morehouse College's Class of 2019

Robert Smith Pledges To Pay Off Student Loans For Morehouse College's Class of 2019

One year ago   |   By

The billionaire founder of investment firm Vista Equity Partners made the surprise announcement in front of roughly 400 students while delivering the college's commencement address on Sunday.
Read more ...

 

Billionaire Tells Morehouse College Grads He'll Pay Their Student Loans

Billionaire Tells Morehouse College Grads He'll Pay Their Student Loans

One year ago   |   By

Billionaire technology investor Robert F. Smith told Morehouse College's Class of 2019 that he's giving them the ultimate graduate gift: A grant that will wipe out their student loans. It will reportedly cost him an estimated $40 million.
Read more ...

 

Billionaire Robert F. Smith Pledges To Eliminate Student Loan Debt For Morehouse's Class Of 2019

One year ago   |   By

Graduates of Morehouse College received the gift of a lifetime at their commencement ceremony on Sunday morning. According to CNN , philanthropist and billionaire Robert F. Smith pledged to pay off the student loan debt for the entire 2019 graduating class.
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 pic.twitter.com/eYyi8q2jpe
- CNN May 19, 2019
The historically Black college awarded Smith with an Honorary Doctor of Humane Letters degree for being a...
Read more ...

 

Morehouse Class of '19, Congratulations: Your Student Loans Will Be Paid Off

One year ago   |   By

The billionaire Robert F. Smith said in a commencement address at Morehouse College on Sunday that his family would pay off the new graduates' student loans.
Read more ...

 

Graduation speaker pledges to pay class of 2019 student debt

One year ago   |   By

GRADUATE DREAM COME TRUE! Every student wishes they could leave college debt-free. For one university in Atlanta, their graduation speaker is granting that wish.
Read more ...

 

Philanthropist pledges $40 million to clear Morehouse grads' student debt

One year ago   |   By

The Vista Equity Partners founder on Sunday pledged to pay off loans for 396 new graduates of the historically black college.
Read more ...

 

Alexandria Ocasio-Cortez Applauds Billionaire's Morehouse College Offer, Demands Affordable U.S. Tuitions

One year ago   |   By

New York Democratic congresswoman Alexandria Ocasio-Cortez applauded a billionaire's offer to pay off an entire Morehouse College class' student loans, but she cautioned people shouldn't be forced to rely on the generosity of a wealthy stranger.
Read more ...

 

Morehouse College commencement speaker vows to pay off class of 2019's student loans

One year ago   |   By

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.
Read more ...

 

Morehouse College graduation speaker pledges to pay class of 2019 student debt

Morehouse College graduation speaker pledges to pay class of 2019 student debt

One year ago   |   By

Robert F. Smith, a billionaire technology investor and philanthropist, says his family is providing grants to wipe out the student debt of the entire 2019 class.
Read more ...

 


Search by Tags

   Philanthropy      Blacks      Commencement Speeches      Private Equity      Morehouse College      Vista Equity Partners      Smith      Robert F      World      Education      Onetime      Technology      News      Good News      Newsletter      David A. Thomas      Graduation      Morehouse      Robert F. Smith      Student loan debt      Student Loans      Georgia      Money      Buzzworthy      Graduation      Act of kindness      Gifts      College      Debt      Student loans      Feel good      Students      U.S.      Democrats      Education  


With COVID-19 thwarting reopening plans, Washington eyes longer-term...

With COVID-19 thwarting reopening plans, Washington eyes longer-term paycheck protection

As new cases and hospitalizations surged across the country, pressure grew on Congress to draw up longer-term plans for an uneven recovery. Read more ...

Man killed, another hurt in overnight shooting near 60th and NW Radial Highway

Man killed, another hurt in overnight shooting near 60th and NW Radial Highway

Police found victim inside car after first receiving reports of an accident early Sunday Read more ...

A town made famous by 'Purple Rain' unveils a life-sized statue of Prince

A town made famous by 'Purple Rain' unveils a life-sized statue of Prince

The statue cost $40,000, with most of the money coming from fans, who gave $100 to have their names included on a bronze donor plaque. Read more ...

Former officer charged in Floyd's death posts $750K bond

Former officer charged in Floyd's death posts $750K bond

A former Minneapolis police officer charged in the death of George Floyd has been released from jail. The Minneapolis Star-Tribune reports that Tou Thao posted $750,000 bond on... Read more ...

Christopher Columbus statue toppled in Baltimore, thrown into harbor

Christopher Columbus statue toppled in Baltimore, thrown into harbor

People tore down a statue of Christopher Columbus and threw it the Inner Harbor Saturday in Baltimore. Read more ...

New video from inside Lavish Lounge during shooting that left 2 dead, 8 injured

New video from inside Lavish Lounge during shooting that left 2 dead, 8 injured

You can hear multiple gunshots being fired in new video from inside Lavish Lounge in Greenville County. Read more ...

President Trump reflects on country's heroes, enemies during Fourth of July...

President Trump reflects on country's heroes, enemies during Fourth of July address

“Our past is not a burden to be cast away," President Trump said. Read more ...

At least 12 injured in shooting at Upstate night club, deputies say

At least 12 injured in shooting at Upstate night club, deputies say

Shooting happened at Lavish Lounge on White Horse Rd. Read more ...

Florida reports new single-day record with nearly 11,500 new coronavirus cases

Florida reports new single-day record with nearly 11,500 new coronavirus cases

Florida shattered its daily record for new coronavirus cases Saturday with health officials reporting over 11,000 confirmed cases. Read more ...

Metro firefighters, paramedics respond to several calls of fireworks-related...

Metro firefighters, paramedics respond to several calls of fireworks-related injuries

Crews also responded to several trash and deck fires overnight Read more ...