The billionaire who pledged to wipe out the student-loan debt of the class of 2019 at Morehouse College will cover debt taken on by the students’ parents as well
The college said Friday Mr. Smith and his family donated $34 million to a Morehouse program that will pay off students’ and parents’ loans.
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Donor to Pay Off Morehead College Parents’ Debts Along With Students’Robert F. Smith, the private-equity billionaire who pledged to wipe out the student-loan debt of the class of 2019 at Morehouse College, will cover debt taken on by the students’ parents as well.
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$34 million: How much one man is paying to wipe out a graduating class' college debtBillionaire Robert Smith has made good on his promise to pay off the student loan debt of the entire 2019 graduating class at Morehouse College by donating $34 million to the historically black men's school in Atlanta.
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I’m one of the 2019 Morehouse College grads who found out my student loans would be paid off in full. Here’s what the experience was like — and how I plan to pay it forward.Elijah Dormeus was about to graduate Morehouse College with $94,000 in debt. Then, it was all paid off by billionaire Robert F. Smith.
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The billionaire who promised to pay off student loans for an entire graduating class just pledged to pay off their parents' educational loans, tooThe gift to Morehouse College will cost billionaire Robert F. Smith $34 million, the historically black college said in a press release September 20.
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Parents are paying for their millennial kids well after they move out of the basementA new survey found that nearly 40% of parents who are empty nesters still pay for their kid's cell phone, groceries, rent, or student loans.
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