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Democracy Now!

On Billionaire’s Pledge to Pay Debt of Morehouse Graduating Class

4 years ago Democracy Now

“Earlier this month, the billionaire investor Robert Smith stunned many when he offered to pay off the student loans of the 2019 graduating class at the historically black Morehouse College. The average student debt is now $32,000. Nationwide, 44 million people owe nearly $1.5 trillion. Student debt is expected to increase to $2 trillion by…

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