Billionaire pays off student loan debt for 400 students - But you have to be black

[make speed limit 45]

Morehouse is 95% black and 0.285% white.

https://www.nbcnews.com/news/us-news/billionaire-pays-34-million-settle-morehouse-student-loan-debt-class-n1057321

sep 21 2019 A private equity billionaire who vowed to pay off the student loan debt for nearly 400 spring graduates of Morehouse College has settled up, and the bill was less than he pledged to cover, the institution said Friday.

"Robert F. Smith, the Founder, Chairman & CEO of Vista Equity Partners, and his family have donated $34 million to the new Morehouse College Student Success Program to pay off the loans that students and parents of the Class of 2019 accumulated to fund a Morehouse education," the school said in a statement.

Smith promised in May to pay as much as $40 million to cover the class of 2019's student debt at one of the crown jewels of the nation's historically black colleges and universities.
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[make speed limit 45]

Morehouse is a liberal arts college which means none of these kids will actually do anything useful with their now free education. They'll all become community organizers and diversity consultants. If we want to help america, cancel the debt at MIT and Cal Tech.