BILLIONAIRE WIPES OUT STUDENT DEBT FOR 2019 CLASS AS MOREHOUSE COLLEGE
ATLANTA (AP) — A billionaire technology investor and philanthropist gave the commencement speech at Morehouse College yesterday. And what he told the graduates left them speechless. Robert F. Smith told the graduating class of nearly 400 students that he would provide grants to wipe out their student debt. As you might imagine, the announcement drew the biggest cheers of the morning. During the ceremony, Smith got an honorary doctorate from Morehouse. He had already announced a $1.5 million gift to the school. The Atlanta Journal-Constitution reports the pledge to pay off the debt for the class is estimated at $40 million. Morehouse College is an all-male historically black college located in Atlanta. Smith is founder and CEO of Vista Equity Partners, a private equity firm that invests in software, data, and tech-driven companies.
DEADLOCKED PHILIPPINE ELECTION SETTLED BY COIN TOSS
MANILA, Philippines (AP) — Tails, I’m mayor, heads you lose? That’s how it went down in a small town in a Western province of the Philippines _ as two candidates ended up in a tie in the race for mayor. Elections officials in the town of Araceli have declared Sue Cudilla the new mayor after she won a best-of-three coin flip by picking tails. Both she and her rival, the incumbent, got 3,495 votes in the election held a week ago. Both agreed to the classic coin-flip tiebreaker _ which officials say is on the up-and-up, though they could have drawn lots to decide the vote.
“GENERAL LEE” SNOW-CAT SWIPED
EAGLE, Colo. (AP) — A Colorado man has been ordered to foot the bill for the damage he did to a snow-grooming device he swiped. The Sno-Cat, generally used on ski resorts to groom the slopes, had been painted to look like the “General Lee” car in the TV series “The Dukes of Hazzard.” But owners for the Sno-Cat say hazards for the vehicle began when Jason Cuervo swiped it last year. The Vail Daily reports Cuervo damaged the tracks, axles and electrical system as he hitched it to his pickup and hauled it across I-70. Damage to the Sno-Cat is estimated at more than $28,000. Cuervo has pleaded guilty to aggravated motor vehicle theft _ and is serving three years in a community corrections program.
by Oscar Wells Gabriel II