The billionaire who promised to pay off student loans for an entire graduating class just pledged to pay off their parents’ educational loans, too

Private equity billionaire Robert F. Smith isn’t just going to pay off the Morehouse class of 201 9’s student loans as he promised at their graduation — he’s now promising to pay off their parents’ educational debt too.
The gift will cost Smith $34 million, the historically black college said in a press release September 20.
Smith has a net worth of $6.08 billion, according to the Bloomberg Billionaires Index.
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In May, private equity billionaire Robert F. Smith announced he’d be setting up a grant to wipe out the entire Morehouse College read more >>>