American billionaire and philanthropist, Robert F. Smith shocked the nearly 400 graduating students at Morehouse College on Sunday while delivering the commencement address.
He said he’ll wipe out the student debt for the entire 2019 graduating class, which is nearly $40m!
“On behalf of the eight generations of my family who’ve been in this country, I’m going to put a little fuel in your bus. I’ve got the alumni over there, this is a challenge to you alumni. This is my class, 2019, and my family is making a grant to eliminate their student loans,” he said.
He added: “I know my class will make sure they pay this forward, because we are enough to take care of our community.”