How's this for a graduation present? Robert F. Smith, a billionaire investor and philanthropist, just gave the ultimate graduation gift to the Morehouse College Class of 2019: Smith said he will pay off each graduate's student loan debt - in full. Here's what you need to know. The Gift of All Gifts: Student Loan Forgiveness Smith has an estimated worth of $5 billion and is the founder and CEO of Vista Equity Partners, an investment firm focused on software, data and technology, and served as commencement speaker at Morehouse on Sunday. During his speech, he announced that his family would establish a grant to pay off ... (full story)