FILE 2019: Oprah Winfrey responded to the criticism that they received on social media for not repaying student loans after her commencement speech.
Oprah Winfrey responded Monday to an Instagram user who called the billionaire mogul for not repaying student loans after her commencement speech at Colorado College, in a clear comparison to investor Robert Smith, the now-famous gesture on the Morehouse College.
The Queen of Talk was told that they have to pay out of their own debt,” and quickly responded, pointing out its multimillion-dollar donations over the years to help students of the university.
After her commencement address at Colorado College Sunday, Winfrey posted a picture of herself and graduated on Instagram, writing, “I do not know who this man is, but he is definitely happy to graduate! I shook hands with all 571 members of @coloradocollege the Class of 2019 and gave them a copy of The Path Made Clear.”
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An Instagram user said that instead of giving graduates of her latest book, “they must pay off their own debt.” The response that came after the billionaire Robert Smith surprised the Morehouse College graduating class during his commencement address the same day by vowing to pay off the student loans for all 396 graduates.
Smith, Vista Equity ners founder, who was the richest black man in the U.S., announced that his family will provide for a subsidy with an approximate value of $40 million to benefit students.
Winfrey responded to the comment by explaining that they “already paid 13 m in scholarships. Have more than 400 men thru @morehouse1867.”
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Its contribution made to a fund that has grown to $12 million and has awarded grants to more than 400 people. Winfrey is one of Morehouse College’s top donors in the intuition of the history.
During the last episode of the ‘Oprah Winfrey Show’ some of the people who receive a grant from Winfrey’s fund surprised her by making a $300,000 contribution to the Morehouse College, something they could afford after developing a successful career in finance, medicine and law.