A telco billionaire gave $1,000 each to 2,500 Boston college graduates and encouraged them to donate half of it, calling it a 'gift of giving'

businessinsider.com/student-debt-graduation-telcom-billionaire-gave-money-boston-college-inflation-2023-5

A college commencement.
David L. Ryan/The Boston Globe/Getty Images
Robert Hale, the founder, and CEO of Granite Telecommunications, gave 2,500 graduating students $1,000 each.
But he called on the graduates to donate half of the gift, or $500, calling it the "gift of giving."
He isn't the only billionaire donating to college students. His gift is unusual in that it went…

This story appeared on businessinsider.com, 2023-05-26.
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