News > Philanthropy

Billionaire pledges to wipe out student debt for class of 2019

27 days ago   |   By

Robert Smith has pledged to pay an estimated $40m debt of entire graduating class at historic black college Morehouse.
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Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates' Loans?

27 days 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.
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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

27 days 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...
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Red Sox CEO gifts Trinity College grads with game tickets

Red Sox CEO gifts Trinity College grads with game tickets

27 days 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.
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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

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

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

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

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

27 days 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.
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Graduation speaker pledges to pay class of 2019 student debt

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

27 days ago   |   By

The Vista Equity Partners founder on Sunday pledged to pay off loans for 396 new graduates of the historically black college.
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Alexandria Ocasio-Cortez Applauds Billionaire's Morehouse College Offer, Demands Affordable U.S. Tuitions

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

27 days 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

27 days 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.
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