Students of this year's graduating class of Morehouse College got the surprise of their lives recently when billionaire commencement speaker Robert F. Smith announced that he would be paying off the student loan debt of every Morehouse graduate of 2019.
While the gesture was undoubtedly generous, it speaks to the vast problem of inflated student loans across the country, pinning many graduates in debt before they've had a chance to build their careers.
Conservative Fox News host Jesse Watters offered a solution to the problem, and it involves more generous billionaires.
"Why don't we just get a bunch of billionaires, you know like Bezos, Bill Gates, Warren Buffett, maybe they can pony up a few billion to clear the student loan debt."
Interestingly enough, that's exactly what 2020 presidential contender and Senator Elizabeth Warren (D-MA) has proposed.
Warren's plan would forgive $50,000 of student loan debt for most American families, and it would be paid for by a wealth tax, which includes a 3% tax on billionaires.
Twitter was quick to roast Watters, who recently accused Warren and other Democratic presidential candidates of "shunning billionaires."
Some tried to defend him and the argument swiftly fell apart.
What an epic self-burn.