Current Events > Robert F. Smith pays of student debt for 2019 grads

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lolife67
05/19/19 1:58:58 PM
#1:


https://www.google.com/amp/s/www.foxbusiness.com/business-leaders/robert-f-smith-morehouse-college-class-of-2019-student-debt.amp

Pretty cool of him and his family. They're lucky as hell!

Bet 2020 class's has already booked him again lol
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CesarFaison
05/19/19 2:00:06 PM
#2:


To those graduates that was probably just like Heaven.
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Error1355
05/19/19 2:04:47 PM
#3:


That's pretty damn cool.
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Shotgunnova
05/19/19 2:14:55 PM
#4:


CesarFaison posted...
To those graduates that was probably just like Heaven.
Now they won't be in the same deep water as you and me. What a pal.
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littlebro07
05/19/19 5:26:14 PM
#5:


Somewhere, some guy who decided to take a few extra classes to graduate in 2018 instead of 2019 is looking at his student loan balance and trying not to cry.
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ExtremeLuchador
05/21/19 11:10:56 AM
#6:


The folks who went to Wilberforce instead are not amused.
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GasMonkey
05/21/19 11:22:58 AM
#7:


Shotgunnova posted...
CesarFaison posted...
To those graduates that was probably just like Heaven.
Now they won't be in the same deep water as you and me. What a pal.

shut the fuck up
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life at 165mph
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Hexenherz
05/21/19 11:24:00 AM
#8:


I was reading about that college though, it's an all-male college with pretty high tuition rates for Georgia :\ I know that's where he graduated from so I guess it's only fair he would pay it back.
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Tyranthraxus
05/21/19 11:26:40 AM
#9:


People shouldn't need donations from billionaires to afford college.
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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
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CharlesBronson
05/21/19 11:29:12 AM
#10:


what a joke they should never have been allowed to enroll college in the first place they should have all been put into debtor's prison
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vocedelmorte
05/21/19 11:34:57 AM
#11:


I wish Robert Smith paid off my college debts :/
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Twin3Turbo
05/21/19 11:36:25 AM
#12:


40 million among about 400 students

That's about $100k each for all of them. That's a crazy amount of debt to start your life out with.
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lolife67
05/21/19 11:43:45 AM
#13:


Twin3Turbo posted...
40 million among about 400 students

That's about $100k each for all of them. That's a crazy amount of debt to start your life out with.

Yeah but, sadly, it's fairly normal for a lot of students.
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eston
05/21/19 11:51:48 AM
#14:


When I was in college I worked really hard to avoid putting my self into debt

I would definitely be salty lol
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gamestunner
05/21/19 12:06:20 PM
#15:


Michael Scott?
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#16
Post #16 was unavailable or deleted.
Zikten
05/21/19 12:15:59 PM
#17:


So the people who graduated last year get nothing
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theAteam
05/21/19 12:16:47 PM
#18:


fenderbender321 posted...
Twin3Turbo posted...
40 million among about 400 students

That's about $100k each for all of them. That's a crazy amount of debt to start your life out with.


Dumb decision to go to a school that expensive and take out loans to pay for it.


How fucking crazy is it that they are approved for loans like that without a job or anything?

If I went to the bank and asked for $100k even with a good job they'd balk at me.
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gunplagirl
05/21/19 12:18:40 PM
#19:


Okay but imagine

If we taxed billionaires

And uses that so college was affordable or even free to everyone
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CharlesBronson
05/21/19 12:31:04 PM
#20:


gunplagirl posted...
Okay but imagine

If we taxed billionaires

And uses that so college was affordable or even free to everyone

we don't need anymore college graduates the only labor shortage is for the jobs that nobody wants to do
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#21
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CharlesBronson
05/21/19 12:34:43 PM
#22:


theAteam posted...
fenderbender321 posted...
Twin3Turbo posted...
40 million among about 400 students

That's about $100k each for all of them. That's a crazy amount of debt to start your life out with.


Dumb decision to go to a school that expensive and take out loans to pay for it.


How fucking crazy is it that they are approved for loans like that without a job or anything?

If I went to the bank and asked for $100k even with a good job they'd balk at me.

the bank doesn't care because the government guarantees the loans no wonder the cost keeps going up it's a joke
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gunplagirl
05/21/19 12:40:39 PM
#23:


CharlesBronson posted...
gunplagirl posted...
Okay but imagine

If we taxed billionaires

And uses that so college was affordable or even free to everyone

we don't need anymore college graduates the only labor shortage is for the jobs that nobody wants to do


The value of a well educated population cannot be understated
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Pew pew!
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CharlesBronson
05/21/19 12:43:05 PM
#24:


gunplagirl posted...
CharlesBronson posted...
gunplagirl posted...
Okay but imagine

If we taxed billionaires

And uses that so college was affordable or even free to everyone

we don't need anymore college graduates the only labor shortage is for the jobs that nobody wants to do


The value of a well educated population cannot be understated

lol when someone gets asked what they do for a living they want to be proud of what they do they want to be able to say they are an administrator or some shit doing some complex task in a dark room on multiple monitors like in the ITT tech commercial they don't want to have to say they work at mr donut lol
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eston
05/21/19 1:02:06 PM
#25:


theAteam posted...
If I went to the bank and asked for $100k even with a good job they'd balk at me.

I don't know why you think that. They look at your credit score, income, and current debt and determine whether it is feasible for you to make the monthly payments. People frequently take larger loans than $100k just to buy a house, and it is totally normal
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theAteam
05/21/19 1:16:41 PM
#26:


eston posted...
theAteam posted...
If I went to the bank and asked for $100k even with a good job they'd balk at me.

I don't know why you think that. They look at your credit score, income, and current debt and determine whether it is feasible for you to make the monthly payments. People frequently take larger loans than $100k just to buy a house, and it is totally normal


And almost all kids entering college have no income, no credit history, and no debt history. And they are approved virtually unanimously.
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SK8T3R215
05/21/19 1:30:41 PM
#27:


theAteam posted...
eston posted...
theAteam posted...
If I went to the bank and asked for $100k even with a good job they'd balk at me.

I don't know why you think that. They look at your credit score, income, and current debt and determine whether it is feasible for you to make the monthly payments. People frequently take larger loans than $100k just to buy a house, and it is totally normal


And almost all kids entering college have no income, no credit history, and no debt history. And they are approved virtually unanimously.


Because they're guaranteed by the federal government.
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Tyranthraxus
05/21/19 1:49:16 PM
#28:


theAteam posted...
fenderbender321 posted...
Twin3Turbo posted...
40 million among about 400 students

That's about $100k each for all of them. That's a crazy amount of debt to start your life out with.


Dumb decision to go to a school that expensive and take out loans to pay for it.


How fucking crazy is it that they are approved for loans like that without a job or anything?

If I went to the bank and asked for $100k even with a good job they'd balk at me.


I mean I went to a bank and asked for $170k and they were like "sure"

It took about a month to get the money but at no step did I feel like I was not going to get it. It was just paperwork.
---
It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
https://imgur.com/dQgC4kv
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Sad_Face
05/21/19 2:02:33 PM
#29:


gunplagirl posted...
The value of a well educated population cannot be understated

They had 12 years to give the masses a decent education. 12 YEARS.
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Questionmarktarius
05/21/19 2:17:16 PM
#30:


lolife67 posted...
They're lucky as hell!

...until tax season next year.
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JfAtS1O3N
05/22/19 12:29:08 AM
#31:


theAteam posted...
eston posted...
theAteam posted...
If I went to the bank and asked for $100k even with a good job they'd balk at me.

I don't know why you think that. They look at your credit score, income, and current debt and determine whether it is feasible for you to make the monthly payments. People frequently take larger loans than $100k just to buy a house, and it is totally normal


And almost all kids entering college have no income, no credit history, and no debt history. And they are approved virtually unanimously.

You just completely moved the goalposts on your original statement.
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#32
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Sativa_Rose
05/22/19 12:37:45 AM
#33:


What a kind and generous gift.
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Sativa_Rose
05/22/19 12:38:14 AM
#34:


gamestunner posted...
Michael Scott?


If he had actually become rich, yes.
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Kaiganeer
05/22/19 12:39:21 AM
#35:


weird flex but ok
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#36
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