Well, THIS IS AMAZING! Imagine sitting at your college graduation ceremony, armed with your tassel and about 20 thousand dollars worth of debt to go a long with your new degree! It's fairly common of course! If you're in Morehouse College 2019 graduating class, you've been left with just the tassel!! Billionaire technology investor and philanthropist Robert F. Smith was giving the commencement speech when he stunned students and staff when he announced his intention of paying all of the student debt for every student graduating. How amazing is that? According to StudentLoanHero.com, they average college student in the U.S. graduates with around $30,000 of debt, which flushes out to about a total of $40 million for all of the students.