Op-ed: Billionaire's $40M gift to Morehouse grads points way to student debt solution


Photo Courtesy Bloomberg

Billionaire investor Robert Smith announced plans to erase the student loan debt balances for nearly 400 new Morehouse College graduates during his address at the historic black college’s 2019 commencement exercises over the weekend. The $40 million gift from the Vista Equity Partners CEO is one of the boldest private sector answers to the country’s ever-rising student loan debt problem, and in turn makes Smith a new spokesman on America’s higher education cost crisis.... Read more here.

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