Robert Smith pledges $40 million to clear debt for Morehouse College graduates
ATLANTA (UPI) -- Billionaire tech investor Robert F. Smith announced Sunday his family was creating a grant to pay off the debt of Morehouse College's entire graduating class. Speaking during the commencement ceremony for the private, all-male, historically black liberal arts college in Atlanta, Smith made the surprise announcement offering an estimated $40 million to pay off the debt of the nearly 400 graduating seniors. "My family is going to create a grant to eliminate your student loans," Smith said. […]