The Billionaire Who Pledged to Pay Off Student Debt for Morehouse Students Extends His Promise to Parents, Too — TIME

(Bloomberg) –– Billionaire Robert Smith’s surprise pledge to pay off the student loans of Morehouse College’s class of 2019 will cost $34 million and will now include educational debt amassed by parents. Students, parents and guardians received the details in an email Friday from the Atlanta school. Smith, the founder of private equity firm Vista…

The Billionaire Who Pledged to Pay Off Student Debt for Morehouse Students Extends His Promise to Parents, Too — TIME