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Evan Spiegel and Miranda Kerr pay off student loans for Otis College graduating class

Evan Spiegel, Snap co-founder, and wife Miranda Kerr, model and entrepreneur, are paying off the student loans for Otis College of Art and Design's 2022 graduating class. "We know that for most of you and your families, the shared burden of student debt is a heavy price that you pay for an exceptional Otis education," Otis College President Charles Hirschhorn told students at Sunday's ceremony. "We understand that this debt can compromise your future and limit your creative ambitions. We do not want to see this happen."
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Snapchat Co-Founder Evan Spiegel and Wife Miranda Kerr Pay Debts of L.A. Art School Graduates

Students at Otis College of Art and Design in Los Angeles received a generous graduation gift from Snapchat co-founder Evan Spiegel and his wife, model Miranda Kerr. The school received a "significant donation" from the couple that "will allow for the repayment of the outstanding student debt of students in the graduating Class of 2022," Otis said in a statement.
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Snap CEO Evan Spiegel, supermodel Miranda Kerr pay student loans for Otis College's graduating class

Otis College of Art and Design in Downtown LA's class of 2022 got the ultimate graduation gift — their student loans paid by off by Snapchat co-creator Evan Spiegel and his wife, supermodel Miranda Kerr.Charles Hirschhorn, president of the Downtown LA art college, announced the gift as the single largest donation in the history of Otis College. The previous largest gift to the school was for $10 million."Otis is incredibly grateful for this historic gift from Miranda Kerr and Evan Spiegel, which will be life-changing for the Class of 2022 and their families," Hirschhorn said in a statement. "Student debt...
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Snapchat CEO Evan Spiegel surprises Los Angeles graduates by paying off over $10 million in student loan debt

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. 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.
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Miranda Kerr and Evan Spiegel pay off student debt

Miranda Kerr and Evan Spiegel have paid the debts of a graduating class of students. The couple have made a “significant donation” to Otis College of Art and Design in Los Angeles through their Spiegel Family Fund which will “allow for the repayment of the outstanding student debt of students in the graduating Class of 2022,” the facility announced in a statement.
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