Yaritza Velazquez-Medina took a chance on a major career turn when she decided to drop her work as a crisis counselor in 2018 to pursue her artistic passions. She enrolled at Otis College of Art and Design in Los Angeles to become a graphic designer — even though she wracked up about $70,000 in college debt to do so.
But after she crossed the stage Sunday to receive her diploma at commencement ceremonies, she and 284 other graduates in the Class of 2022 received stunning news: Their college debt would be completely paid off through the largest donation in the school’s century-old history by Snapchat co-founder Evan Spiegel and his wife, Miranda Kerr, who is founder of the beauty company Kora.
Charles Hirschhorn, Otis president, made the announcement during the commencement ceremony at the Westin Los Angeles Airport Hotel, drawing gasps and cheers from the audience. Some graduates hugged, cried and jumped for joy.
Read more at the Los Angeles Times.