University students receiving their at a college in the USA got the of their lives during their commencement . Students at Morehouse College in Atlanta, Georgia were listening to a from the philanthropist Robert F. Smith, a of an honorary degree from Morehouse. Mr Smith ended his speech by informing the 400 students that he would pay off their student and debt. He said: "This is my , 2019, and my family is making a to eliminate their student loans." He added: "On of the eight generations of my family who have been in this country, we're going to put a little fuel in your bus." Mr Smith's kindness is estimated to be about $40 million.
Robert F. Smith, 56, graduated from Columbia Business School, where he earned an MBA with . In the year 2000, he founded the investment company Vista Equity Partners, which manages over $46 billion in . His company made him a -billionaire. Mr Smith was the first African-American to sign the Giving Pledge, where people promise to commit at half of their to philanthropic causes. One graduate to benefit from Smith's said it would have an " impact" on his life. Dwytt Lewis, 21, whose $150,000 loan is now no more, added: "Just imagine the lifted off your shoulders when you have a clean coming out of college."