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Morehouse Degree Speaker for Paying Student Loans for the Whole 2019 Class

The Keynote speaker at the Morehouse College's inaugural ceremony announced a grant Sunday exposing the student debt for the entire 2019 degree class.

Billionaire Robert Smith's surprise gift in front of nearly 400 academic seniors may be worth about $ 40 million, officials said.

"My family will make a contribution to eliminating your student loans," said Smith according to WXIA TV. "You great Morehouse men are bound only by the limits of your own beliefs and creativity."

12-year-old reporter gives introductory speech at the university

Tonga Releford, whose son Charles Releford III is a member of the class 201

9, estimated that his student loans totaled approximately $ 70,000 according to the Atlanta Journal Constitution.

"I feel it's Mother's Day again," she said.

The message evoked the greatest bowl of the morning.

"When Dr. King said" the bow of the moral universe bends to justice, "he did not say it bends itself. It bends because we choose to put the shoulders Smith wrote to the WXIA ceremony.


Smith was the recipient of an honorary doctor from Morehouse at the beginning.

Morehouse College is an all-mal e historically black college in Atlanta. CEO of Vista Equity Partners, a private equity firm investing in software, data and technology-driven companies.

He is a graduate of Cornell and Columbia Business

Click here to receive FOX NEWS APP [19659003] In January, Morehouse announced a $ 1.5 million donation from Smith for scholarships and a new park on campus.

Associated Press contributed to this report.

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