comscore
AMAZING! Robert Smith Pays Parent’s Debt Of 2019 Morehouse Class

AMAZING! Robert Smith Pays Parent’s Debt Of 2019 Morehouse Class

Hot97 Staff
09/23/2019 12:00 AM EDT

Photo credit – Earl Gibson III/Getty Images

Robert Smith is all about giving!

We covered the story, back in May, billionaire Robert F. Smith was the commencement guest speaker at Morehouse and made a huge announcement. He announced that his family will be giving a grant to end the student debt for the entire Class of 2019. The total came out to a $34 Million to wipe out the student’s debt.

Smith is taking his philanthropy work a step further. He’s offering “to pay off the debt of parents that took out loans for their kids to attend the prestigious institution,” reported on a site.

View this post on Instagram

View post on Instagram
 
View post on Instagram
 

“Along with his gifts to Morehouse, in 2016, Smith pledged $50 million to his alma mater, Cornell University, toward the school’s college of engineering.”

Smith was one of the wealthiest African American in the country in 2018.

SOURCE