BLESSINGS: Robert Smith Pays Parent’s Debt Of 2019 Morehouse Class

09/22/2019 12:00 AM EDT by WBLS Staff

Photo credit – Marcus Ingram/Getty Images

Robert Smith is all about giving!

We covered the story, back in May, billionaire Robert F. Smith was the commencement guest speaker at Morehouse and made a huge announcement. He announced that his family will be giving a grant to end the student debt for the entire Class of 2019. The total came out to a $34 Million to wipe out the student’s debt.

Smith is taking his philanthropy work a step further and is helping the parents that took out loans for their kids to attend the prestigious school in a huge way! He offered to pay their loans too.

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“Along with his gifts to Morehouse, in 2016, Smith pledged $50 million to his alma mater, Cornell University, toward the school’s college of engineering.”

Smith was one of the wealthiest African American in the country in 2018.