Billionaire Graduation Speaker Nonchalantly AnnouncesHe'll Pay Off Entire Class's Student Loan Debt

A commencement speaker at Morehouse College announced he would pay offstudent debt for the graduating class.
Billionaire Robert F. Smith received an honorary doctorate at theall-male historically black college in Atlanta yesterday (Sunday). 
During his commencement speech, Smith said he is creating a grant topay off the student debt for the nearly 400 students graduating. Thegrant is estimated to be $40 million and Smith had alreadyannounced a $1.5 million gift to the college

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