19 Money Moves the New Debt-Free Morehouse Men Can Now Make

This second edition of Noirnomics was supposed to be all about the benefits and pitfalls of Uber/Lyft, the recent driver protests, and how much Beyoncé really made from her Uber stock. But when I got a text on Sunday morning from one of my Morehouse brothers saying that billionaire Robert F. Smith announced during his commencement speech to the Morehouse Class of 2019 that he would be dropping an atomic bomb on their student loans and eliminating all of their debt, I knew that I had to switch the game up just like Mr. Smith just did. So in this issue, we’ll be getting to know more about Robert F. Smith, the potential enormous outcomes of his incredible gift to the Morehouse C’19, why the student debt crisis in the U.S. can be particularly debilitating for Black Americans, and what one 2020 presidential candidate plans to do about it.

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Onward,
Travers

5 Facts About Billionaire Robert F. Smith

In a matter of minutes, investor and philanthropist Robert F. Smith became one of the most talked-about individuals in the world. But until recently, he was widely unknown by the general public. He's led a quiet, but interesting, life and you can learn more about him here.

19 Money Moves New Morehouse Grads Can Now Make

The Morehouse College Class of 2019 has received an unprecedented blessing in the form of Robert Smith's charitable donation. Check out this Noirnomics original article on 19 ways they can put their newfound financial freedom to good use.

How Student Loans Worsen the Racial Wealth Gap

15 years after Black borrowers graduate college, they hold 185 percent more student debt than whites. Here's why.

Elizabeth Warren's Plan To Help HBCUs and Fix the Black Student Loan Debt Crisis

Black voters are no longer putting up with symbolic gestures and useless platitudes from politicians—we want practical policy and real action. One of the most interesting plans so far that is built to specifically help African Americans—and HBCUs—comes from presidential candidate Senator Elizabeth Warren. Read more about her proposal at NewsOne.com

And here are some of my favorite #MorehouseGrad2019 memes :)

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