Billionaire Vows to Pay Off Entire Morehouse Graduating Classes Tuition Debt
Yes I'm overjoyed for the 2019 Morehouse Graduates and I'm quite honestly envious as well...I'm just 'keepin' it real'. My overall sentiments outweigh any other feelings and are that of joy and happiness for the entire Morehouse College graduating class.
The more than generous donation will allow a vast number of young people ready to start their lives, to do so comfortably without worrying about Student Loan debt. What a wonderful gesture.
Who is Robert F. Smith?
According to CNN Business, Robert F. Smith is the wealthiest African-American in the entire United States worth a whopping $5 Billion dollars...according to Forbes.
Regarding Smith's investment in the Morehouse graduating Class of 2019, he said this:
"Intellectual capital has become the new currency of business and finance -- and the promise of utilizing brainpower to move individuals, families and even entire communities from poverty to prosperity within one generation has never been more possible than at this moment in time," he wrote in an essay for the Giving Pledge.
"Potential is no guarantee of progress," Smith wrote in the essay. "We will only grasp the staggering potential of our time if we create onramps that empower ALL people to participate, regardless of background, country of origin, religious practice, gender, or color of skin."
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