Philanthropist Robert Smith pledges to clear student debt of Morehouse College grads

Discussion in 'Current Events' started by NewsVine_Mariyam, May 20, 2019.

  1. NewsVine_Mariyam
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    NewsVine_Mariyam Gold Member

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    About a month ago 60 Minutes was on the TV and they were featuring one of the Ivy League schools which came up with a way to suprise their graduating class of medical students with an announcement that their entire student loan debt, many of which where $100,000.00+ would be forgiven. I remember thinking what a wonderful graduation gift that was for these students and what an edge it would give them in pursuing their dreams and now here we have another graduating class having their student loan debt wiped out.

    Apparently where there's a will there's a way

    Billionaire tech investor and philanthropist Robert F. Smith stunned graduates of Morehouse College in Atlanta on Sunday, pledging tens of millions of dollars to wipe out their student-loan debts.

    Wild cheers and astonished looks greeted Smith after he made the gift during his commencement address at the famed, all-male historically black college.

    "My family is going to create a grant to eliminate your student loans," Smith told graduating seniors. "You great Morehouse men are bound only by the limits of your own conviction and creativity."

    Smith called the gift "a little fuel" for the 396 students who comprise the Morehouse Class of 2019.

    "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," the philanthropist said.

    The billionaire pledged to pay up to $40 million to relieve the students' debt — and that eight-digit gift should be more than enough to cover all the grads' loans, a Morehouse rep told NBC News.

    Philanthropist pledges millions to clear Morehouse grads' student debt
     
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  2. Tipsycatlover
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    Tipsycatlover Platinum Member

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    Morehouse is a great college. All black and a sob story won't get you in.
     
  3. Penelope
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    Penelope Diamond Member

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    So it's ok for a billionaire to pay for student loans , but not the Democrats. I see. Ok to someone to give to a charity of his choice or doing a good deed , as long as it's not the government.
     
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  4. Toro
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    Toro Diamond Member

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    I respect Robert Smith not because he's a black billionaire who does cool things like pay off college students' debts, but because he married former Playmate of the Year, Hope Dworacyzk, 22 years his junior.

    Hope-Dworaczyk.jpg

    That's damn impressive!
     
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  5. Penelope
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    Penelope Diamond Member

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    I wonder if his company is doing the same for all black female college. Spelman College
     
  6. Moonglow
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    Moonglow BANNED

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    Because life is all about the trophies one collects.
     
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  7. Death Angel
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    Still looking for handouts I see
     
  8. Death Angel
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    "Government" does not have money to give. It must first confiscate your neighbors hard earned savings to "give" it to you, you greedy low life taker.
     
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  9. andaronjim
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    andaronjim Gold Member

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    I wonder how all those other people feel who graduated before this years class who had to carry the debt? Yeah, it is a feel good story, but we will see the outcome when those debt free students get into the work force. Will they appreciate the gift, or typical of someone who is given stuff, not appreciate it at all, and bitch and moan that life isnt all that free.
     
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  10. mdk
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    mdk Diamond Member

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    Can’t we all just be content that a person did something generous and kind for a group of mostly strangers? Ya’ll are why we can’t have nice things.
     
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