A Generous Billionaire – Robert F. Smith – Photo: Getty Images
Billionaire Robert F. Smith stunned students at Morehouse College when he vowed to pay off the student loans of every member of the class of 2019.
While the rich have given universities generous gifts for decades, billionaires are addressing the ballooning student-debt crisis directly by paying the tuition of incoming students or writing checks for recent grads.
In another donation, Home Depot co-founder Ken Langone recently donated $100 million to help make NYU a tuition-free medical school.
Read more about his donation at ….. Billionaire Pays Graduating Students Loans Off
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