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
Otis College of Art and Design in Los Angeles received a significant donation from model and KORA Organics CEO Miranda Kerr and Snap Inc. CEO Evan Spiegel through the couple's Spiegel Family Fund. The donation will allow for the repayment of the outstanding student debt of students in the graduating Class of 2022 who were surprised with the news at a commencement ceremony on Sunday. It is the largest single gift in the history of the college, reads a statement from Otis, "and will reduce .
Snap CEO Evan Spiegel and his wife, KORA Organics CEO Miranda Kerr, made a hefty donation that Otis College of Art and Design says will pay off all the graduating class of 2022's student loan debt.