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Billionaire tells grads he'll pay off their student loans

Video Credit: Reuters - Politics - Duration: 01:42s - Published < > Embed
Billionaire tells grads he'll pay off their student loans

Billionaire tells grads he'll pay off their student loans

Billionaire Robert F.

Smith, this year's commencement speaker at Morehouse College, told the graduating class he's paying off their student loans.

Rough Cut (no reporter narration).

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Billionaire tells grads he'll pay off their student loans

ROUGH CUT (NO REPORTER NARRATION) Billionaire Robert F.

Smith, this year's commencement speaker at Morehouse College, told the graduating class on Sunday he's paying off their student loans.

He made the surprise announcement during their commencement ceremony in Atlanta, Georgia.

The gift is estimated to be about $40 million which will pay off the loans for more than 300 students at the historically black college.

Smith is a billionaire entrepreneur who founded the investment firm Vista Equity Partners.




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