No sooner had Snapchat co-founder and CEO Evan Spiegel and his wife, model and makeup mogul Miranda Kerr, received honorary degrees at the Otis College of Art and Design in Los Angeles than they turned around and pledged to pay off the graduating class’s student loans.The “significant donation” from the Spiegel Family Fund exceeded $10 million, the school said in a statement, while not revealing the full amount.(L-R) Evan Spiegel and Miranda Kerr attend The Berggruen Prize Gala Celebrates 2021 Laureate Peter Singer At The Berggruen Hearst Estate In Beverly Hills on May 04, 2022 in Beverly Hills, California. (Jon Kopaloff/Getty Images for Berggruen Insti)The couple were commencement speakers Sunday and received honorary degrees before making the largest donation in the school’s 100-plus year history.The gift for the 285-member class of 2022 was a boon for people like Yaritza Velazquez-Medina, who can now launch her career as a graphic designer without the burden of $70,000 in debt, she told the Los Angeles Times.“I’m speechless,” Velazquez-Medina told the newspaper as tears streamed down her face.Now she is no longer one of the 13 million Americans who owe a collective $1.6 trillion to the federal government for their education, the biggest portion…
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Snapchat CEO Evan Spiegel and wife Miranda Kerr pay student loans for entire graduating …
