"The most important thing for my client and I really applaud her for this, is she wants to make sure this doesn't happen to other innocent children. She kept this in secret, she lived in silence for many years, from third grade until she was 16-17 years old. And she wants to protect other innocent children."
Robert F. Smith, the billionaire businessman that famously paid off the student loan debt for Morehouse students in 2020, is back at it again for other HBCU students in need.
A new partnership between Black billionaire Robert F. Smith’s nonprofit Student Freedom Initiative and Prudential Financial is sending help to HBCU students both literally and figuratively.
Black students, on average, owe thousands more than their white peers when they graduate, and the disparity only grows with time. Philanthropists want to change that.
The newly-appointed head of the Education Department's Office of Federal Student Aid is leading a major transformation of the aid system and vowing to hold the contractors involved in the process accountable for their treatment of borrowers.