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