Morehouse College seniors were in for a surprise when billionaire investor Robert F. Smith announced his plans to pay off the student loan debt for the graduating class.
"On behalf of the eight generations of my family that have been in this country, we’re gonna put a little fuel in your bus," Smith said. "This is my class, 2019. And my family is making a grant to eliminate their student loans."
Smith, who received an honorary doctorate at the ceremony, had already pledged $1.5 million to the college.
According to reports, the total amount covered for the 396 students is estimated to be up to $40 million.
Israel-Iran battle escalates, civilians urged to evacuate target areas
Air India chairman says crash should drive effort to build safer airline
40 killed in Gaza as UN denounces Israeli-backed aid system
Harvard to urge judge to bar Trump from closing doors for international students
US police arrest suspect in Minnesota lawmakers' shooting
Three hikers killed by lightning strike in Austrian Alps
Trump calls for expanded deportation efforts of people illegally in US
Israel and Iran strike at each other in new wave of attacks
