r/nextfuckinglevel • u/matori_tester • 1d ago

Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

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u/Additional_Tax_4752 1d ago

Does it cost 400k per student in usa? Here in uk it would cost 60k for the whole thing including cost of living lmao

43

u/iDEN1ED 1d ago

40 mil for 400 students is 100k each.

8

u/cagemyelephant_ 1d ago

Here in the Philippines as a scholar in a state university my parents paid less than 800 usd for the whole 4 year course.

3

u/muchredditsodoge 1d ago

thats great he paid it off, but 100k/kid at age 22 is insane.