Billionaire to provide grants to eliminate $40 million student loans

A billionaire technology investor says he will provide grants to eliminate the student debt of the entire graduating class at Morehouse College. Robert F. Smith, this year’s commencement speaker, made the announcement while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. He had already announced a 1.5 million U.S. dollars gift to the school. The pledge to eliminate the student debt for the class of 2019 is estimated to be worth 40 million U.S. dollars. Subscr