ATLANTA — Francis Rozier is one of the hundreds of recent Morehouse College graduates who will not have to worry about paying back their student loans.
Sunday, while giving the commencement speech, billionaire Robert Smith announced he would create a grant for the class of 2019’s debt.
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“It was amazing, it’s such a burden that’s been lifted. All the worries I had trying to figure out how to pay back loans are now gone,” said Rozier.
The Atlanta native, who currently lives in East Point, says he was facing more than $24,000 in loans for his education.
“It’s a relief, now I’m going to spend this next year pursuing an internship as I apply for grad school without feeling any anxiety,” said Rozier.
Rozier graduated with a degree Bachelor of Arts in Urban Studies and a Minor in Economics.
A Morehouse College official says the gift was worth an estimated $40 million and will pay for around 400 graduate’s loans.
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