Talk about an amazing graduation gift!

This past week, the 2019 graduates of Morehouse College, the all-male HBCU in Atlanta, received a lot more than their degrees. Billionaire Robert F. Smith, the founder of Vista Equity Partners and the richest Black man in America, was present at the ceremony to receive an honorary doctorate degree and to serve as the commencement speaker. That was when he made the big announcement that he and his family will pay off the student loan debt for the entire graduating class!

Check out the amazing moment above!