Commencement Speaker Announces He Will Pay Off Class Of 2019's Student Debt
May 19, 2019
The commencement speaker for Morehouse College's class of 2019 got more than just an inspirational speech.
He announced he would pay off all of their student debt.
Robert Frederick Smith is an American businessman whose net worth is $5 billion.
The 56-year-old former chemical engineer turned investment banker announced during his speech that his family was creating a grant to pay off the student debt of the entire graduating class.
"On behalf of the eight generations of my family who have been in this country, we’re going to put a little fuel in your bus," Smith said to over 400 graduating seniors. "This is my class, 2019. And my family is making a grant to eliminate their student loans."
The gift has been estimated at $40 million, the Journal-Constitution reported.
His Last Day As A Teacher After 36 Years. They Turned It Into A Memory For Life
Mailman Shares All The Adorable Snowmen Found On Her Route This Winter
Meet Despereaux, The Adorable Dumbo Mouse You’ll Want To See
Kids Are Loving The Tiny Duck Libraries Popping Up Around New York City
'I Laughed And Cried': Vet’s Hilarious Condolence Card Brings Laughter To Grieving Cat Owner
Teen Runs His Own Restaurant ALONE — One Of The Most Uplifting Stories You'll Read
Unexpected Friends: Rhino And Tiny Deer Play In Snow
Sheep Escape Herd And Wander Into Supermarket In Funny Video
Donkey Gets Tricked Into Taking His Medicine — And It’s Adorable
Kissing Rescue Dogs And Filming Their Reactions
I Picked Up My Sister From Work At A Doggy Daycare — Then This Happened
