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Key Words: Happy graduation! Billionaire pays off Morehouse College grads’ student-loan debt

About 400 seniors at Morehouse College got an unexpected graduation gift Sunday — the erasure of their student-loan debt.

Billionaire tech investor Robert F. Smith — the founder and chief executive of Vista Equity Partners — dropped that bombshell while addressing students during commencement ceremonies Sunday at the all-male, historically black college in Atlanta.

“This is my class, 2019. And my family is making a grant to eliminate their student loans.”

Robert F. Smith

The announcement stunned students and administrators alike, and drew a massive cheer from the crowd.

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