CLOSE

 

This is what paying it forward is about!

Via CNN:

 

Billionaire investor Robert F. Smith’s commitment to pay off the student loan debt for graduates of the historically black Morehouse College covers millions of dollars, the school said.

“When you have to service debt, the choices about what you can go do in the world are constrained,” Morehouse President David A. Thomas said Sunday. “(Smith’s gift) gives them the liberty to follow their dreams, their passions.” Thomas told CNN on Monday that the exact amount of student loan debt to be covered was still being calculated.
Smith’s gesture, which Thomas called “a liberation gift,” will enable graduates to have more capital to do things like start businesses and support their families.
Studies show disparities in the amount of student debt African-American borrowers amass compared to their white counterparts.
Here are some reasons why Smith’s pledge matters:

Millions of Americans struggle with student debt

According to recent Federal Reserve data, Americans owe $1.5 trillion in student loans. Outstanding student loan debt exceeds auto loan debt ($1.1 trillion) and credit card debt ($977 billion). The issue of a free college has emerged as a key topic on the 2020 campaign trail. Several candidates have expressed support for making sure students can graduate without debt. One candidate, Massachusetts Sen. Elizabeth Warren, has proposed eliminating debt for tens of millions of Americans and making all public colleges tuition-free in an ambitious stance.
Morehouse graduate Jonathan Epps, 22, said he has $35,000 in student debt. Elijah Nesly Dormeus, who is the first of nine kids to graduate college, said he had $90,000 in debt.

 

View this post on Instagram

Kevin Hart Talks ‘Secret Life of Pets 2’ and Robert F. Smith’s Morehouse Grant: “That’s How You Become A Groundbreaker and Really Shake Up The World” – written by @MsJennyb (📹 @adamglyn) ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Ahead of the June 7th release of “The Secret Life of Pets 2,” starring Patton Oswalt, Jenny Slate, Tiffany Haddish and #KevinHart, the “Irresponsible” comedian chopped it up with Baller Alert to discuss the highly anticipated sequel. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The forthcoming animated adventure/comedy follows the story of Max as he copes with even more overwhelming life changes. After dealing with his owner’s new stray in the first film, Terrier Max, voiced by Oswalt, works through the pressure of protecting his owner’s son, Liam. Meanwhile, Snowball, voiced by Hart, struggles with fears of his own when Daisy, voiced by Haddish, summons him for a dangerous mission. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Although Snowball believes he’s an actual superhero – thanks to his new wardrobe – he must now build up the courage to be the bunny he pretends to be. In fact, Snowball even opened up about his role in the forthcoming film, via Hart, saying, ”If you can just please acknowledge the fact that he’s a superhero, and he’s not the same version of himself that he was.” ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Hart also opened up about the process and his love for working animated films. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ “I don’t think there’s anything better,” Hart said of voiceovers. “The fact that I got to come back and do it for the second time is huge. We had amazing success in “Secret Life of Pets” part one, so in part two, we can only hope and imagine to do the same thing.” ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ “I think the fact that it just relates to everybody,” Hart added of the film. “I think everybody can go see it. It’s not just for kids, it’s not just for families. It’s all people, and there is a great message in it. The message of being okay with letting go and accepting the fact that your kids do grow up, but they need a little help, need some support. ….…to read the rest log on to BallerAlert.com (clickable link on profile)

A post shared by Baller Alert (@balleralert) on

Also On WRNB 100.3 Philly:
×