America’s one of the most prominent black philanthropists and billionaire tech venture capitalist Robert F Smith made an announcement that shocked students that sent them in tears. Tears of joy of course.
Delivering a speech at a graduation ceremony at Morehouse College, Atlanta, Georgia, Smith said that he would help waive education loans of around 400 students present in the ceremony.
His statement will benefit the class of 2019, slashing their debts amounting to tens of millions of dollars. The news shocked students and stunned students who were raving wildly, applauding. Many students were reduced to tears, unbelievably happy to have their student loans paid off on the day they were graduating.
— Robert F. Smith (@RFS_Vista) May 19, 2019
Morehouse college had invited Robert F Smith to confer an honorary Doctorate for his achievements in the field of investments and Tech. The Billionaire had already pledged $1.5m to Morehouse College.