In Atlanta, Morehouse College seniors got some amazing news at their commencement.
The speaker, billionaire investor Robert F. Smith, finished his speech by announcing he was paying off the student debt for all 396 graduates.
The amount totals roughly $40 million.
Immediately the students jumped up and started cheering and chanting “MVP, MVP!
Even faculty members on stage were stunned including the school’s president.
He said he had no idea Smith was going to do that.
According to Forbes, Smith is the richest African-American in the United States, worth an estimated $5 billion.
His only request of the graduates is that they pay his give forward to help someone else.