Billionaire Robert F. Smith Eliminates Student Loan Debt 2019 Graduate pledges to pay off ALL of their student loan debt during his commencement speech at Morehouse College in Atlanta.

Home >Entertainment > Billionaire Robert F. Smith Eliminates Student Loan Debt 2019 Graduate pledges to pay off ALL of their student loan debt during his commencement speech at Morehouse College in Atlanta.

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Billionaire Robert F. Smith has pledged to create a grant to pay off all of the student loan debt for each of Morehouse College's 2019 graduates. With some 430 students earning degrees on Sunday, the total cost of that promise to Smith and his family will amount to approximately $40 million. Morehouse College president David A. Thomas said the gift would have a profound effect on the students’ futures

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