, 9 tweets, 10 min read Read on Twitter
.@Morehouse's Class of 2019 got some amazing news at this morning's commencement: Billionaire @RFS_Vista is paying off their student debt, a gift of $40 million for today's approximately 430 graduates.
@Morehouse @RFS_Vista Smith is the largest private donor to @NMAAHC. Earlier this year, he donated $1.5 million to @Morehouse to fund an endowed scholarship and develop a new park to give students an outdoor study area.
@Morehouse @RFS_Vista @NMAAHC A bit of context for folks who don't understand what a huge deal this is. Literally changing the trajectory of these young mens' lives today: cnbc.com/2018/09/26/for…
@Morehouse @RFS_Vista @NMAAHC If you're one of the 400 or so @Morehouse graduates who will benefit from this gift, I want to hear from you today. Reach out here if you're willing to talk about the impact of today's announcement in your life.
@Morehouse @RFS_Vista @NMAAHC FYI: The total cost to attend @Morehouse this year alone was more than $48,000.
@Morehouse @RFS_Vista @NMAAHC Just hung up with @MorehousePrez who told me he had no idea @RFS_Vista was going to make this announcement today. Said he was "overjoyed" and hoped Smith's donation would encourage alumni donations across HBCUs.
@Morehouse @RFS_Vista @NMAAHC @MorehousePrez .@Morehouse says this is the single largest gift in the college's history.
@Morehouse @RFS_Vista @NMAAHC @MorehousePrez Just spoke to 22-year-old @Morehouse finance major from Atlanta who had drawn up Excel spreadsheet to figure out how he would pay off $200,000 in student loans. He didn't believe it when @RFS_Vista said he would pay debt for him and his classmates. He cried at the news.
@Morehouse @RFS_Vista @NMAAHC @MorehousePrez Aaron had calculated it would take 25 years to pay off that debt. Had EIGHT family members who took turns co-signing over four years, including his 76-year-old grandmother, a @SpelmanCollege alumna. That number was wiped away in a moment.
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