in 2000 to invest in software companies, and has a personal net worth of $5bn, according to Forbes.
"On behalf of the eight generations of my family that have been in this country, we're gonna put a little fuel in your bus," Mr Smith told the graduates on Sunday."This is my class, 2019. And my family is making a grant to eliminate their student loans." The billionaire was at the college to receive an honorary doctorate and had already announced a donation of $1.5m to Morehouse.Aaron Mitchom, 22, wept at the news that he would not have to pay back $200,000 in loans he had taken out to fund his finance studies, AP news agency reports."I was shocked," he said."My heart dropped. We all cried. In the moment it was like a burden had been taken off.
Where is the out rage for him only paying off black males students debts. If he wants to show her not racist and sexist maybe he should do it at a more inclusive less racist and sexist uni?
Omg all you haters, people are damned if they do and damned if they don't. Let's all just do nothing for anyone else will that do
what is this, putting a human face on big business-what next koch conscience week
Well that's just tickety boo ! I wasn't bright enough to go to university so busted my arse to succeed in real jobs that most don't want to do ! Who's helping me when governments want to take my taxes to give student free tuition ! Dimwit!
An entire class?! Wow....that should add up to about how much he loses down his sofa every week
What a nice guy 😊
Shame more billionaires aren’t like him.... education is the best gift anyone can give.
Is this true or did you hear it on the BBC?
Imagine if a white billionaire paid off a class of white only students’ loans. Wouldn’t that be a discriminatory?
just one class? If a few of the billionaires in America got together they could fund every student. What could they achieve if higher education wasn't bound to privilege and wealth?
Will Micheal Heseltine make a similar gesture?
Will Max Moseley make a similar gesture?
Meanwhile, the Koch family is....
Great, but it`s hardly a solution to predatory loans imo
If he’s got the money then brilliant! Can he also pay my debts and my son’s uni fees please?
Good gesture from him. Anyway, the education should be free for anyone, not relying on philanthropy.
Very socialistic, most Americans won't like that.
The US has broken university system. Pathetic.
Nice. But. What a shithole country where students financial situation depends on philanthropy of a billionaire.
Great, a person who exploited Labour of 100s of people to selfishly horde money creating a lavish existance for himself a chosen few around him. Can now be lauded as a saviour for passing back some of that excess labour (money) to the people HE chooses to help.
I respect you, your a true boss, a king and a leader you have the money and the power to create change and to change lives and that’s what more billionaires need to be Doing, respect and love to you
It's what the Americans refer to as a 'tax deductible'.... he'll claim it on his tax return as a form of tax relief or expense. He's saving himself money on his tax bill as well as looking good helping a class of students.
if you all paid your taxes there would be no student debt
I’ve got a ton of medical student debt if any billionaire benefactor is scrolling through Twitter...
It’s Scott’s Tots,
Funded by tax breaks received from Don the Con?
Good