A billionaire paid off his student loans. Now N.J. native is paying it forward.
Updated Dec 13, 2020;
Posted Dec 13, 2020
CodeHouse co-founders Tavis Thompson (left) and Ernest Holmes (right) pose with a student at the organization s Tech Exposure Day event in Atlanta.
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In the spring of 2019, when Ernest Holmes graduated from Morehouse College in Atlanta, he got a huge surprise billionaire Robert Smith was paying off all of his student loans.
Smith, a tech investor who was the school’s commencement speaker that year, paid off the student loans for Holmes’ entire graduating class. Smith’s directive for the debt-free grads was simple: pay it forward.