Billionaire to Eliminate Morehouse's Class of 2019 Student Loans

Billionaire to Eliminate Morehouse's Class of 2019 Student Loans

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Robert F. Smith, a wealthy philanthropist, pledged to pay off the student loans of the entire 2019 graduating class at a college where he gave the commencement address. This unexpected act of generosity, amounting to about $40 million, surprised and moved the audience. Smith, who has a diverse background and has faced challenges in the financial industry, is part of a growing trend of wealthy individuals making significant philanthropic contributions. The act sparked discussions on the value of education, the role of philanthropy, and the controversy surrounding free college education.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who announced the decision to pay off the student loans for the class of 2019?

Robert F. Smith

Warren Buffett

Ken Langone

Bill Gates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is notable about Robert F. Smith's background?

He inherited his wealth

He grew up in a middle-class neighborhood

He was a famous athlete

He was a politician

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which other philanthropist is mentioned as having paid tuition for students?

Jeff Bezos

Ken Langone

Mark Zuckerberg

Elon Musk

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern some experts have about making college free?

It would lead to overcrowded classrooms

It would increase student debt

It would decrease the quality of education

Students might not value their education as much

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general reaction of the students to Robert F. Smith's announcement?

Happiness

Indifference

Disappointment

Confusion