Days after a billionaire pledged to pay the collective student debt of the entire 2019 Morehouse College graduating class, euphoria was not the only emotion in the air. The surprise announcement was both an extraordinary gift — and a complicated one. They totaled more than $200,000 in loans taken out by his mother, covering six years in school. Among the questions: Are all student loans included? Does the pledge include loans taken out by the graduates’ parents?
Source: New York Times May 22, 2019 09:03 UTC