• Morehouse grad paying it forward in Charlotte after student loan paid off by billionaire

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    CHARLOTTE, N.C. - Hundreds of college graduates in Atlanta just got the graduation gift of a lifetime.

    [Billionaire Robert F. Smith, Morehouse commencement speaker, to pay off class of 2019's student debt]

    Morehouse College's graduation started as normal Sunday, but took an incredible turn when billionaire Robert F. Smith announced that his family is providing a grant to eliminate the student debt of the entire class of 2019.

    The only catch is that students have to pay it forward.

    [Robert F. Smith: 5 things to know about the man paying off Morehouse Class of 2019 student loans]

    Smith, who received an honorary Doctor of Humane Letters before his announcement, is the richest black man in America. He runs a private equity firm based in San Francisco and has a history of philanthropy.

    Watch the video above to hear from one grad who plans to pay it forward in Charlotte.

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