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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.
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❤️ #morehousegrad2019 “Thank you to Robert F. Smith, the Founder, Chairman & CEO of Vista Equity Partners, and his family who have donated $34 million to the new Student Success Program to pay off the loans that students and parents of the Class of 2019 accumulated to fund a Morehouse education.” ~Via @morehouse1867
“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.