Snapchat CEO Surprises Grads by Paying Off Their Student Debt
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- čas přidán 16. 05. 2022
- Snapchat CEO Evan Spiegel and Miranda Kerr surprised Otis College's newest graduates by paying off their student loans in the largest single gift in the school's history.
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Keep in mind: Otis costs $70,000 a year to attend
School should not be this expensive to begin with
It’s only that expensive because some people are willing to pay for it. You can get good education for much cheaper and anyone who tells you otherwise is lying or a pompous pos who thinks you must go to top colleges or you’re a dumb ass.
People that go to Otis can afford it considering they're coming from middle to upper class families
@@kaptrucking And?
@@PipeDownXboxLive rich white kids getting another leg up must be what you want......are you rich and white? 🤣 probably
@@kaptrucking The fact that we're GETTING shitty end of the stick is NOT 🚫 cool.
College's should 🚫 NOT be that much money, we should have livable wages for ALL, and this lemon sour world we live should be a little more sweet.
Honestly, they didn't look all that happy. I would have gone nuts if someone did that for me.
Most of them are still children. They don’t even understand the real burden of debt. And now they won’t have to understand the struggles of paying off student debt because this was handed to them.
i felt like a lot of them were in pure shock or just confused if it meant what it really meant yanno?
The ones in the front row had full ride scholarships lol
We hope this gift enables you to pay it forward and do great things for others.
Wow. They can do this but not our government? That’s interesting. Thank you for doing this, applaud for them.
Where would the government get the money to pay for your tuition?
@@MisterTwister88 Tax payers & donations? It’s not the best choice but at least it will benefits the students of this country and rather than other countries like the $40B aid to Ukraine.
@@MisterTwister88 the tax dollars, you know that everyone with a job pays, or anyone that buys anything pays, including those students
The government is incompetent. Only the government can receive 3 trillion dollars in revenue and somehow end up with 15 trillion in debt.
Tax write off for them.
"Now go out into the world with your 18th century French Literature degree and succeed!"
Miranda clearly level up. From an actor to a billionaire now. Phew
Countries like Germany, Denmark and few others provide free education to their students and Germany especially provide it to international students too.....
Anyone graduating from Otis College certainly doesn't need that type of debt. They'll be lucky to get a job at McDonalds.
BS 91% of grads get jobs in their field of study. Sounds like your job at Mc Donald's is safe.
I like Buger King…. Because you can have it your way and I can become a latrine manager with my paid off degree
Subway
Hope those who paid it off are included.
We need this awesome news!
Rich kids getting free money is awesome news?
@@kaptrucking look on the bright side,they worked hard,rich or not rich.
@@jennifermaharaj3551 you don't know about Otis do you?
@@kaptrucking I will Google it.
Salvation is awesome news. Peace unto you. The saints shall possess the kingdom and we shall reign here for a 1,000 years. The feet of our Lord Jesus will touch the Olivet mount. The gospel of John shows that the Lord Jesus rose before the first day of the week. He died in the midst of the week and rose on the sabbath. Daniel 9:27, John 19:31, John 20. We would say that he died on Wednesday and rose on Saturday. Merry passover and feast of unleavened bread to you all. The first passover of the holy old king James Bible always comes before the heathen Easter. Read Acts 12:1-4. If the first passover falls around Easter like in 2022, then something is wrong. The calendar problem must be solved. I am not relying on man and that is why the belief I have is different from most people. We ought to pray for the repentance and success of kings and all those in authority. I pray for president Joe Biden and his cabinet to do well and repent of their sins. I have been praying for all those in authority since I read 1 Timothy 2:1-4 some years ago. I am a sabbath keeping, new moon celebrating, holy day feast observing Christian that would never knowingly eat pork, shrimps, or anything sacrificed to idols. I still suppose that Ellen White is the Jezebel of Revelation. It is an abomination for a Christian to eat shrimps, pork, chicken, etc. Adam and Eve were children of God but they sinned by eating from an unclean tree. The mark of the beast will be IN the right hand or IN the forehead. It is spiritual and physical. Most of the world worships the beast by keeping sunday, friday, Christmas, Easter, Eid, Diwali, etc. There is something physical coming that people will have to take if they want to buy or sell. Our Lord Jesus never ate shrimps or pork. Prayerfully read Leviticus 11:43 and Revelation 21:8. If you make yourself abominable, that is a sin! Repent.
Happy new year! The new covenant will not save you if you continue being rebellious and stubborn against the word of the Lord. It is a sin to steal and a sin to forget the sabbath (saturday). *1 Samuel **15:23** KJV - For rebellion is as the sin of witchcraft, and stubbornness is as iniquity and idolatry. Because thou hast rejected the word of the LORD, he hath also rejected thee from being king.* Witchcraft, sorcery idolatry, witches, sorcerers, idolaters will be cast into hellfire. Only they that are washed in the blood of the Lord Jesus and keep his commandments shall be kings and priests. There is no such thing as a sunday rest or sunday sabbath in the Bible. Only the seventh day is blessed, sanctified and hallowed. Isaiah 66:22,23 says that from one new moon to another and from one sabbath to another shall all flesh worship before the Lord in the new earth. Matthew 7:21-23 proves that not everyone that says Jesus is Lord will enter the kingdom. We need to do the will of the Father which is to obey and honor our Lord Jesus Christ. He kept the new moons and we ought to keep them.
Wow....what a blessing. Thank you for being a blessing. God bless you a hundred fold.
Rich kids getting richer is not a blessing you should be spending your time thanking
Snapchat CEO: I am paying off all of your student debt
All other CEOs: "So, you think you're better than me" - Joe Pesci Voice
This is just great it’s absolutely AMAZING!! Congratulations class of 2022!!
Congratulations to kids from families that can afford a school like Otis getting their college paid for? Wow
@@kaptrucking you think the students who can afford the school haven’t already paid their debt off? Rich families pay their balance off instantly. Those left with DEBT are the ones who are receiving money.
Also it shouldn’t matter if someone is from a rich family or not. Maybe this will inspire other future rich people to be grateful for what someone was willing to do for them and they can pay the good deed forward.
@@becomingachristian rich people get more than 6% on investment returns. And I used 6% as an example eventhough that's more than a high rate student loan. If you pay off your debt early you lose the power to use the govts money to make money in the market......every rich person understands that
@@becomingachristian just remember you're praising the worlds richest people paying off the debt of rich peoples children......just saying
Beautiful and so happy for the kids.They will go on to do great things.
Rewarding poor choices...our society is circling the drain.
Pay it forward
Forward to rich families children? Poor kids don't go to Otis figure it out
now he can write it off.
I went to a state college for two bachelor degrees, and my student debt was relatively low (many years ago). I paid off my student debt myself. The economy has been so devastated since the end of the Bill Clinton regime where most profits end up in the hands of the 1%. Opportunities are way less than they were when I graduated from college except maybe Science and Technology which is growing.
I was touched as well.
This is a wonderful generous gift, and I do not wish to take anything away from acknowledging that. At the same time, I'm wondering about those students in the audience that worked hard during college, and/or whose parents worked hard, so that they would not have debt at the end. How might they feel?
wdym how might they feel?
@@AnimeZone247 They might feel like they worked hard and sacrificed, and all those who instead just took out loans ended up just as debt free. It might make one feel like all of their effort was a waste. It might also feel a lot like being in a room full of people who just won the lottery...except for you.
@@Mythryl12 why does that matter, regardless if the ppl got their student loans paid off they don’t own student loans. That was their end goal, and they made that goal
@@AnimeZone247 It's a huge feel good moment for most of the people in that room - as it should be. Like I said, thinking of those who didn't just 'win' doesn't make the act of charity any less generous on behalf of the donors, or any less meaningful for those who benefitted. It's just that when things like this happen, we aren't always thinking of the people in the room who don't get to share in that joy. Like I said, imagine you're standing in a room when someone comes in and says, 'everyone in this room just won a new car! Except for whoever is sitting in seat 22B.' And...you're the person in 22B. Then imagine you DO have a new car, but it's because you scrimped and saved and gave up on vacations and nice dinners out on the town and concerts for the last four years; and right next to you is the guy who spent every last penny they had on every whim that crossed their mind, who has the same new car you have.
That’s a blessing I wish to go to this college now lol :) or wish that I graduated and got my student loans paid.
It would have been too expensive for you to go to Otis unless you're family is well off. If you think USC kids are spoiled the tuition at Otis is double.....are the twice as spoiled as USC kids?
Student loans are my debt , but I’ve been more than once 😂 n 60k. But 4 a X-ray license, Associate degree medical Assistant n diploma for medical coding n billing. All that I did is same as 1 yr at that college
College should be free. Books alone are ridiculously priced.
Who would pay the professor’s if its “free”? How would the lights stay on?
It's the only way he'll get anyone to use Snapchat.
Paying it forward!!!👏🏻👏🏻👏🏻👏🏻
What $$$ is all about!
They should be thanking China.
When a government needs a moment of pause for a bbb act!
Man these kids are not as excited as they should be
The power of giving...
😭lmao why am I crying!! So beautiful...
I wish someone would do this here in Sacramento California
Here, let me fix that title for you, "Students Shown Pity by the Rich and Saved from a Life of Debt," or "Billionaires Paying Off Student Debt Isn't a Solution," or "Students Win the Rich Person Lottery and Escape Lifetime Crushing Debt," or...
That’s an incredibly meager offering when he made triple that selling their data and personal information.
Paying for strangers' college tuition is an "incredibly meager" gift now.
You should be shipped to Somalia so you can learn a thing or two about life.
I'd take the win. Stfu.
Stop donation shaming 🤦♂️ willing to bet you’ve never given a penny in your life
It’s still nice. Also we agreed to have our info sold when we get on these apps mr using CZcams 🤣
This is wrong on so many levels
Michael Scott is proud.
Wow 😢
This is beautiful.
All the other CEO’s are looking pretty bad right about now
So the other CEO's should pay off rich kids student loans too? Poor kids don't go to Otis figure it out
@@kaptrucking hey good point, but I’m sick of CEO’s reinvesting in their own pockets while others suffer.
@@benjaminrichard7741 I agree
Loan debt forgiveness doesn’t go through and they still have their debt, rofl
So how much are we talking about here?
Let’s see more from our corporations
What about all students ?
Awesome! I am happy for these grads. God I so wish someone could pay off my tuition and tuition loans. In the name of Jesus!!!
In the name of Jesus? Grow up.
@@xploration1437 same to you.
Amem
@@fishingtreatment7260 I have. Those fairy tales are for children and the weak.
miranda kerr?????? am i living under a rock
idk who tf runs snapchat 😭😭😭😭😭
Wanna pay my Student Debt off too? Must be nice!!!!
That is investing in the future.
EVAN AND MIRANDA HAVE TO PAY THIER TAXES, IM NOT SUPRISED THIER PAYING OFF THEIR TAXES THROUGH DONATIONS
Then two days later Snapchat stock plunged 43%
and they receive their glory and tax right off
Sweet it must be at least $300.00!!
do the student still owe IRS tax?
Want your student loan paid off? Contact your local Army Recruiting station 😎
Any student loan forgiveness must be coupled with a like amount of tax credit to those who paid their way. And how can Brandon willy-nilly give loan forgiveness? Congress enacted the law/program, and it should be Congress who changes the law/program not someone for political expediency.
This is bad. These kids won't learn personal responsibility. "Enjoy the decline!"
Snapchat CEO: I am paying off all of your student debt
IRS: Oh really! Well that payoff is taxable income buddy! So good luck paying your taxes next year... MwaaHahahahaha!
I don’t think what’s essentially a scholarship will be taxed it’s not like he’s gifting them cash into their bank account 💀
@@sweatyballs40848 With all due respect, scholarships are typically provided before debt is accrued and definitely before students graduate.
There is no way to payoff student debt without giving money (income) directly to the person holding the debt which would be taxable. Even if the CEO wanted to pay the tax, that would be taxable too! The system is flawed.
I certainly hope these students do not have to pay tax but, if they do not, it would be a miracle.
Cheers!
Another wholsome fact: A president of the United States also can cancel student loan/w interest rate through EO.
Lol. No they can't. Executive Orders are only designed to enforce or strengthen existing law.
@@Cline3911 Y'all conservatives always made up shit, lmfao!
cheat a casino and count cards.
Don’t understand …going to college to be able to have a job that’s pays you more because of degree but you are working at jobs that people can do without high school education but want us to pay for your years of having fun. More students work and go to local and state universities, stay home with no dorm fees etc. if your parents are wealthy, fine , they can pay your expenses. Why should we. The purpose is to get a degree that can pay back your student loans. If you can’t do that the degree is worthless.
Privileged much?
Maybe we should make the loans easier to pay off so that people didn’t have to pray for billionaires to save them. Education is free k-12. Why not public universities?
K-12 is free? Where?
And all the students that wrecked their health working 3 jobs and going to school instead of going into huge debt are feeling like a complete dunce.
And who’s GPA’s suffered for having to work while studying.
Snapchat Generation will be extremely easy pickings for a Chinese occupied America. North, Central and South America.
Salute
Someday our elected officials will step up and help rather than hinder our future leaders.
Come on people let’s get together and roll this ball until you can’t stop
Man I wish I was that rich! Just here some fuck your money…
Several dozen down, millions more to go.
Pay your own bills.
@@JSolar590 Pay for your own Healthcare, quit mooching off my insurance dollars.
😮
Wow a whole room of people ruined. Great job
So, he teaches the grads, "Create debt and someone ELSE can take care of it". Are these grads future politicians? Shudder
These newer generations are just getting everything handed to them, pretty soon everyone will be a CZcamsr or “influencer” and no actual work will be getting done anywhere to support everyone’s way of life. Imagine being a CZcamsr who makes money off of other people sitting on their a$$es watching their phone/computer/tv. Very productive world we’re headed towards.
Lol yeah, screw these kids getting an education for 'free'.
School for 4 years doesn't mean it was handed to them. They had to work for it. That's why 50%+ drop out; it's work.
And who gives two shits your imagined easy jobs. 99% fail at that stuff anyways, just because 1% succeed and you don't like em doesn't mean a generation is lazy.
People have been spouting this croap about the next generation since the Greeks, literally.
This is a joke.
NESERA
Now THATS the kind of student loan relief I am down with. Not the government. Congrats to you guys. And congrats to the rich homies who stepped up.
Rich people giving other rich peoples kids free money is not something to congratulate. Poor kids don't go to Otis figure it out
@@kaptrucking if the student has to use student loan, he ain't a rich kid.....
@@jondorsey1715 do you understand how rich people use loans? Do you really think rich people would pay the tuition in cash? The fact that you probably went to college disturbs me....prob no degrees in economics
@@kaptrucking I do understand how rich people use loans. I don't think you understand how a college loan isn't a standard bank loan. You can be unqualified due to household income. For example, I was. My father's income was too high so instead of me using a traditional loan because I couldnt, he paid for it. And I paid him back after. And no economics. Chemistry.
Why not? I think government funded public universities would greatly benefit us.
What about the suckers that paid their own student debt
They still have their dignity of working hard and not having had to expect a hand out :)
Congrats on being debt free. It’s crazy that so many people are against others getting a hand up just because they don’t also get it. Even though I still have student debt I don’t begrudge these students for being lucky enough to have theirs paid off. It’s okay to just be positive for others. Karma works both ways.
@@AbsFabbs so you like the kids of the richest families in the world getting handouts? Poor kids don't go to Otis figure it out
@@AbsFabbs the rich get richer. snapchat made hundreds of millions off of selling people's data and facial recognitions :)
@@kaptrucking you do realize they are paying student loans and not everyone tuition? So not everyone in the class may have them or is getting an”free ride. “ Also if said student was so rich why they need a loan? You logic doesn’t add up. Stop being a hater.
That is a lot of happy white folks. Good job Snapchat CEO's!
LOL. I was wondering why they chose a private Los Angeles fashion/art college to do this at. Most kids going there are already going to be pretty privileged I would imagine.
About time!!
Kiiyn
sooo........ if you're rich enough to go to an obscenely expensive school... a billionaire will step in and pay the bill.................. this is some hunger games TV shit
WE the PEOPLE would like to nominate: SnapChat CEO for PRESIDENT OF THE UNITED STATES 🇺🇸
Wow, and here I am like a fool who paid his off.
That lesbian folk basketweaving degree cost a fortune!
Youre not a fool for paying your debt.
The foolish part is attacking others just because they got help. Its simple-minded bitterness. Imagine if you had help, wouldn't that have been nice? Imagine if someone paid off your debt- how much sooner could you have a house, or started a business?
Crabs in a bucket.
@@mrfishypep no, the foolish part is you believing some people should have their loans forgiven while others understood they would have to pay and did pay.
I’m not a crab and I’m not sharing a bucket with low lives like you.
Your move Biden
he don't have any money though?💩 bought too much parmesan cheese for his kid...
Bail out middle to upper class students? Is that your priority. By the way Otis costs 70k a yr in tuition......poor kids don't get to go to Otis figure it out buddy
You do realize that if Biden did that... it would be using taxpayer money. Student loans aren't just cancelled like you think... the bill just get transferred to someone else.
@@kaptrucking You don’t care about poor kids otherwise you would agree. Upper class don’t worry about not being able to afford going to these schools. BTW, I aint your buddy
@@mexicoya3106 somehow I don't care about poor kids when you're praising the 1% giving money to rich kids wow. How many years of college did you need to get those critical thinking skills? And what institution of indoctrination did you attend buddy?
Will the CEO of Snapchat be reimbursed if Brandon forgives student loan debt?
👎 this guy took away the learning opportunities from many ppl. Accountability, spending wisely / being thrift, ability to select and choose, to begin with, not to mention that students still in college will now think they can spend what ever they want and some one will take care of them.
Nobody in college thinks someone is going to take care of them. The whole point is to obtain an education for a job to provide for themselves. One donation from a CEO isn’t going to change the situation for thousands of other students attending university in this country.
General life will offer plenty of opportunities to learn those lessons. This is a lesson in paying success forward, on to others.
If you jealous just say that 😂
Rich kids getting their college debt paid off......wow people don't know what they praise these days
@@jennifergarza7766 I wouldn't say "nobody", there's been a fair amount of students who expected the gov't to take care of their student loan debt.