Connect with us

Trending

Billionaire Pledges To Pay Off Student Loan Debt Of Entire Graduating Class

Graduation season is a special time for celebrating the hard-earned achievements of friends and loved ones. For the graduates of Morehouse College, this year’s commencement ceremony came with a life-changing surprise at the hands of a generous billionaire.

Billionaire Robert F. Smith has pledged to eliminate the student loan debt of the entire 2019 Morehouse College graduating class.

The technology investor and philanthropist stunned fellow classmates with this news during their graduation ceremony on Sunday. Morehouse is one of over 100 historically black colleges and universities in America.

Smith, who received an honorary doctorate from the Atlanta-based university during Sunday morning’s commencement ceremony, had already announced a $1.5 million gift to the school.

The initial donation is set to fund several student scholarships as well as a new park on campus.

In his keynote speech, he addressed the class of nearly 400 graduates in front of their friends, family, and fellow alumni.

Smith offered words of inspiration and guidance to the graduates, quoting Martin Luther King Jr.

“When Dr. King said that the ‘arc of the moral universe bends toward justice,’ he wasn’t saying it bends on its own accord. It bends because we choose to put our shoulders into it together and push,” Smith said during his speech.

And promised his fellow classmates a gift on behalf of his family.

“On behalf of the eight generations of my family who have been in this country, we’re gonna out a little fuel in your bus,” Smith said.

He then turned to the alumni in the audience with a challenge.

“Now I’ve got the alumni over there. This is a challenge to you, alumni. This is my class, 2019. And my family is making a grant to eliminate their student loans.”

Smith’s overwhelming generosity was met with deafening cheers and a standing ovation. According to a Morehouse rep, the cost of the grant will total approximately $40 million and is the biggest single gift in the school’s history.

The announcement shocked graduates and staff of Morehouse.

YouTube

“This is my class,” Smith said, “and I know my class will pay this forward.”

Many couldn’t believe their good fortune.

YouTube

22-year-old finance major Aaron Mitchom would owe roughly $200,000 in student loans if it weren’t for Dr. Smith.

“I don’t have to live off of peanut butter and jelly sandwiches. I was shocked. My heart dropped. We all cried. In the moment it was like a burden had been taken off,” Mitchom said.

Tonga Releford, whose son Charles Releford III is also a 2019 graduate from Morehouse, estimated that his student loans would have totaled $70,000.

“I feel like it’s Mother’s Day all over again,” she said.

Morehouse College president David A. Thomas said the gift will have a lasting impact on the students’ futures.

“Many of my students are interested in going into teaching, for example, but leave with an amount of student debt that makes that untenable,” Thomas said. “In some ways, it was a liberation gift for these young men that just opened up their choices.”

h/t: Daily Mail, AJC

Love good news? Get it delivered straight to your inbox!

Sign up FREE!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Now

good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, Terry crews, Terry crews instagram, Terry crews ig, Terry crews me too, Terry crews metoo, good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, Terry crews, Terry crews instagram, Terry crews ig, Terry crews me too, Terry crews metoo,

Terry Crews Uses Legos To Teach Us All An Important Life Lesson

Trending

wewalk, blindness, cane wewalk, blindness, cane

Someone Invented A ‘Smart Cane’ That Uses Google Maps To Help Blind People Find Their Way

Good Business

good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, kidney donation, organ donation, kidney to stranger, donated kidney to stranger, kidney eBay package, eBay note, good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, kidney donation, organ donation, kidney to stranger, donated kidney to stranger, kidney eBay package, eBay note,

Heartfelt Note In eBay Package Inspires Man To Donate His Kidney To A Complete Stranger

Trending

Arnold Schwarzenegger Steps Up To Save A 102-Year-Old Woman From Eviction

Celebs With Heart

To Celebrate The Two-Year Anniversary Of ‘Tank’s Good News’ Here Are 20 Of Our Best Stories

News

good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, amazon, amazon rainforest, amazon rain forest, amazon fire, amazon rain forest fire, amazon rainforest fire, how to stop amazon fire, what can I do to help the amazon, good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, amazon, amazon rainforest, amazon rain forest, amazon fire, amazon rain forest fire, amazon rainforest fire, how to stop amazon fire, what can I do to help the amazon,

5 Ways You Can Help Save The Rainforest Before It’s Too Late

Trending

good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, breast cancer, breast cancer photoshoot, couple breast cancer photos, couple breast cancer photoshoot, breast cancer wedding photos good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, breast cancer, breast cancer photoshoot, couple breast cancer photos, couple breast cancer photoshoot, breast cancer wedding photos

Couple Documents Breast Cancer Battle With A Beautiful, Inspiring Photoshoot

Trending

Woman Abandoned In Dumpster As A Baby Wants To Find The Person Who Saved Her Life 36 Years Ago

Real Life Heroes

Tank Sinatra Starts Online Petition To Get People To ‘Stop Being Dicks’

News

A 100-Year-Old Lady Received a Surprise Birthday Cake From Her Trash Collectors

Real Life Heroes

good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos, good news, positive news, uplifting news, inspiring news, positive news stories, good news stories, uplifting news stories, inspiring news stories, feel good news, feel good news stories, heartwarming news, heartwarming news stories, heartwarming stories, feel good stories, happy news, happy news stories, happy stories, uplifting videos, inspiring videos, positive videos, feel good videos, videos that make you smile, happy videos, heartwarming videos, uplifting viral videos, positive viral videos, inspiring viral videos, viral videos that make you smile, feel good viral videos, heartwarming viral videos, happy viral videos,

Heroic 65-Year-Old Worshipper Took Down A Gunman In A Norway Mosque, Thwarting Attack

Real Life Heroes

El Paso Man Hailed As A Hero For Carrying Children To Safety During Mass Shooting

Real Life Heroes

Connect
Love good news? Get it delivered straight to your inbox!

Sign up FREE!