News

Billionaire Robert Smith’s pledge to pay off Morehouse student loans extends to their parents

Billionaire Robert F. Smith made headlines in May when he made a generous pledge to pay off student loans for Morehouse College graduates.

Now Smith has extended his pledge to pay off the debts of their parents as well.

The pledge to pay off student loans for Morehouse grads and their parents will cost Smith $34 million.

The graduates learned of Smith’s new pledge to pay off the educational debt of their parents in a letter sent out by the school.

“On behalf of the eight generations of my family who have been in this country, we’re gonna put a little fuel in your bus,” said Smith during his surprise announcement at Morehouse College in May.

More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s