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.
"I am not considering $50,000 debt reduction, but I am in the process of taking a hard look at whether or not there will be additional debt forgiveness," Biden said. During his presidential campaign, Biden supported erasing $10,000 in student debt for most borrowers, but has raised questions about his legal authority to do so via executive order. During a press briefing last week, press secretary Jen Psaki said an income cap for student loan forgiveness was under consideration.
Biden has extended the freeze on student loan payments through Aug. 31, citing the COVID-19 pandemic. Evan Spiegel — whose net worth is valued at $6.5 billion — along with 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.
Meanwhile, More than 43 million Americans owe the federal government $1.6 trillion — an average $37,000 per person — making up the biggest share of consumer debt in the U.S. after mortgages, the Times reported.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Snap CEO Evan Spiegel, supermodel Miranda Kerr pay student loans for Otis College's graduating classCharles 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.
Lire la suite »
Snap CEO Evan Spiegel And Miranda Kerr Paid Off Otis Art School Graduates' Student LoansSpiegel and Kerr, who have been married since 2017, gave the commencement speech and got honorary degrees from Otis College of Art and Design. Then they surprised graduates with a gift of their own.
Lire la suite »
Pre-Snap Reads 5/17: Cliff Avril talks mentoring younger playersRead!
Lire la suite »
A's Snap Out of Offensive Funk to Beat Twins 5-2Seth Brown hit a tiebreaking double in the seventh inning, Sean Murphy followed with a two-run single and the Oakland Athletics ended their four-game losing streak against the Twins, beating Minnesota 5-2 on Tuesday night. Kevin Smith homered to end a long slump and help Oakland break out of its own offensive funk. The A’s went into the game with the lowest team batting average in the majors (.199) and had scored one run in each of their three previous games. Royce Lewis and Gary Sánchez each hit solo home runs for the Twins.
Lire la suite »
Airbnb’s Billionaire CEO Is Giving The Obama Foundation $100 Million For Travel-Focused College ScholarshipsStudents will get a $10,000 stipend and free Airbnb housing to travel and work between their junior and senior year of college.
Lire la suite »
We Can Become One of the World's Biggest Companies, Says CEO of Amazon Freight RivalFlexport, No. 1 on the CNBC Disruptor 50, has great respect for what Amazon has done in shipping, but says it can become one of the world’s biggest companies.
Lire la suite »