Billionaire Helps Students – level 1

31-05-2019 07:00

Almost 400 college students are graduating. A billionaire gives them a gift. He says that he is going to pay off their student loans.

People are shocked. One student thinks that the billionaire is lying. The president of the college says that this is the first time that he sees something like this.

The billionaire is going to give the students $40 million. Each student has a student loan of around $48,000. In the USA, many college students have student loans. Last year, the student loans are about $1.5 trillion in the USA.

Difficult words: college (a school like a university), graduate (finish school and get the diploma), student loan (money that you borrow to go to college, but you must pay it back when you start working).

You can watch the original video in the Level 3 section.

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