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Many hope surprise Morehouse gift has ripple effect for other colleges

Monday, May 20, 2019
Eric Stirgus | The Atlanta Journal-Constitution
Yasmin Farahi

Education experts hope billionaire Robert F. Smith’s surprise announcement Sunday that he’ll pay the student loan debt for this spring’s graduating class at Morehouse College will be a game changer.

“I hope (Smith) starts off a trend,” former Spelman College president Beverly Tatum said Monday.

Rising student loan debt has been one of the most troubling issues in higher education, particularly for students attending historically black colleges and universities such as Morehouse, located near downtown Atlanta.