Robert F Smith
ATLANTA — Newly-minted Morehouse College graduates were left stunned when commencement speaker and billionaire investor Robert F. Smith announced that he would be paying off their student loans.
“On behalf of the eight generations of my family who have been in this country, we’re going to put a little fuel in your bus.” The declaration was met with a standing ovation and chants of “M-V-P!”.
“Now, I know my class will make sure they pay this forward,” he continued. “I want my class to look at these (alumni) — these beautiful Morehouse brothers — and let’s make sure every class has the same opportunity going forward because we are enough to take care of our own community. We are enough to ensure we have all the opportunities of the American dream.”
The total sum for the nearly four hundred graduates comes out to about 40 million dollars, according to a source.
“I will never forget that my path was paved by my parents, grandparents and generations of African-Americans whose names I will never know,” Smith said. “Their struggles, their courage, and their progress allowed me to strive and achieve. My story would only be possible in America, and it is incumbent on all of us to pay this inheritance forward.”
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