ROBERT F. SMITH, THE BILLIONAIRE WHO PROMISED TO PAY OFF STUDENT LOANS FOR AN ENTIRE COLLEGE CLASS, SAID HIS $34 MILLION GIFT WAS INSPIRED BY A SMALL ACT OF PHILANTHROPY HE SAW HIS MOM MAKE

The Carnegie Corporation In May, billionaire Robert F. Smith pledged to pay off student loan debt for an entire graduating class.  Smith made the announcement that he would pay off the student loans of the 400 graduating seniors during his commencement address at Morehouse College. In September, he followed up on the announcement by pledging to also pay off those students' parents' educational debt. At the Carnegie Medal of Philanthropy...

BusinessInsider (Date:10/18/2019 18:55) Read full article >>

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