Billionaire Paying Morehouse Student Debt to Include Parents
Billionaire Robert F. Smith is a generous man. Already famous for making and fulfilling his pledge to pay off the student loan debt for Morehouse’s Class of 2019, Smith has now super-sized his gift to include parents.
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The cost of the Class of 2019’s student loan debt was $34 million, which Smith recently donated to Morehouse. He has now pledged to add wiping the debt of the Atlanta HBCU Class of 2019’s parents to his list, reported TIME. The amount owed by parents has not been disclosed yet.
Smith is the founder of Vista Equity partners and has an estimated net worth of over $6 billion.