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US Billionaire's Gift To Graduates Fuels Student Debt Debate

Wednesday, May 22, 2019, 7:39 PM

When the American-billionaire Robert Smith announced to students graduating from historically black Morehouse College that he would pay off their student loans, he put himself at the center of one of the 2020 US election's key-issues. While the cost of Smith's surprise gift announced to Morehouse's 396-strong class of 2019 is not yet known, the body's student debt is thought to reach $40 million.