Snapchat CEO Evan Spiegel surprises Los Angeles graduates by paying off over $10 million in student loan debt

Snapchat CEO Evan Spiegel surprises Los Angeles graduates by paying off over $10 million in student loan debt

The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school.

While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous…


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