Harvard Business School prof: What it could mean for Morehouse grads to have their loans paid off (via CNBCMakeIt)
Robert F. Smith gives the commencement address during the Morehouse College 135th Commencement at Morehouse College on May 19, 2019 in Atlanta, Georgia.Almost 400 members of Morehouse College's class of 2019 got an unexpected graduation gift this weekend:, thanks to their commencement speaker, billionaire tech investor Robert F. Smith.
"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," Smith told graduates, according to the. "This is my class, 2019. And my family is making a grant to eliminate their student loans." That's a financial game-changer for many of the graduates. "I don't have to live off of peanut butter and jelly sandwiches," 22-year-old grad Aaron Mitchom told the
. "I was shocked. My heart dropped. We all cried. In the moment it was like a burden had been taken off."
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