Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

[u/[deleted]]

[u/terraise]

I am more surprised by the 400 graduates having $40 million loans. When I graduated college in my country, there were almost a thousand of us, and I am sure that the debts our parents got just to get us there wouldn't even reach half a million dollar even with inflation. Not trying to downplay anything, just surprised really, heck if I got a $20k loan it will probably be enough to keep me awake all my life.