“We’re ‘gonna’ put a little fuel in your bus.”

(Image source: cnn.com)

A billionaire has told around 400 graduates at an American university that he’s going to payoff their student loans.

It’s thought it’ll cost Robert F. Smith 34 million euro.

He made the shock announcement at the all-male, historically black Moreton College in Atlanta, Georgia:

“On behalf of the eight generations of my family who have been in this country, we’re ‘gonna’ put a little fuel in your bus.

My family is making a grant to eliminate their student loans.”