Graduation speaker in Atlanta pledges to pay student debt for class of 2019, estimated at $40M

  • 📰 CP24
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Graduation speaker in Atlanta pledges to pay student debt for class of 2019, estimated at $40 million

Robert F. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. Smith is the Founder and CEO of Vista Equity Partners, a private equity firm that invests in software, data, and technology-driven companies.

The announcement elicited stunned looks from faculty and students alike, before the graduates broke into the biggest cheers of the morning. Morehouse said it is the single largest gift to the college. Smith said he expected the recipients to "pay it forward" and said he hoped that "every class has the same opportunity going forward."

His mother, Tina Mitchum, was also shocked. Eight family members, including Mitchum's 76-year-old grandmother, took turns over four years co-signing on the loans that got him across the finish line.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All the trust fund kids are screaming 'Socialism!!!!'

Great of him!!!! Now where was he when I needed him a decade ago?

for the tots!

Glad to see everyone here immediately thought of Michael Scott!😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in LOANS

Loans Loans Latest News, Loans Loans Headlines