A Gift to Morehouse Class of 2019: Your Student Loans Are Gone

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A Gift to Morehouse Class of 2019: Your Student Loans Are Gone
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During his keynote speech at Morehouse College’s commencement ceremony, billionaire Robert F. Smith said he will pay off the college debt of every graduate in the class

The college said the value of the gift from Robert F.

Smith is about $40 million, though the exact figure is being negotiated, according to a Morehouse spokeswoman. That donation covers the student loans for about 400 graduates. Terrance Dixon, vice president of enrollment management, said the average Morehouse...

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