Former US President Barack Obama and his wife have partnered with Brian Chesky, founder and CEO of airbnb, to launch a scholarship to support college graduates who want to engage in public service The project aims to provide financial assistance to reduce the debt burden of universities while providing meaningful travel and social opportunities.
Abby Ying donated $100 million to the CEO and jointly launched a scholarship with Mr. and Mrs. Obama
The public service scholarship jointly launched by Mr. and Mrs. Obama and Chesky is named "Voyager scholarship". The fund comes from $100 million donated by Chesky to the Obama foundation. It aims to support 100 students in the first year and will be expanded in the future. It is applicable to students who enter the junior year of a certified four-year college or university in the United States, have financial needs, and are U.S. citizens, permanent residents or DACA beneficiaries. The scholarship is open for application from now on, and the deadline is June 14.
In addition to providing $50000 in financial assistance to junior and senior students, students will also receive a "summer Voyage" work travel experience, including a $10000 allowance and free airbnb housing. After graduation, airbnb will provide students with $2000 a year in travel credit for 10 years. Every autumn, students will also be invited to attend the annual summit, meet with former presidents Barack Obama and Chesky, and establish contacts with other members of the traveler scholarship program.
Chesky's net worth is $9.45 billion, according to the Bloomberg billionaires index. In 2016, he signed the "donation commitment" jointly initiated by Warren Buffett and Bill Gates, promising to donate most of his wealth to solve the most urgent problems of society.
Snap founder couple donated more than ten million dollars to repay loans for 285 college students
Supermodel Miranda Kerr and her husband Evan Spiegel, the founder of snap, known as the "world's richest post-90s generation", recently donated to an art school in Los Angeles to help 285 fresh graduates repay their student debts.
Otis College, which received the donation, did not disclose the exact amount of the donation, but said in a press release that it was the largest single donation in the school's history. According to media reports, the largest single donation received by the school was US $10 million. The Spiegel and his wife's donation obviously exceeded this figure.
In return, Otis College awarded an honorary degree to Spiegel and Miranda Kerr at an event on Sunday.
"Student debt is weighing heavily on our diverse and talented graduates," Charles Hirschhorn, Dean of Otis College, said in a statement "We hope that this donation will bring them the comfort they deserve, so that they can pursue their aspirations and careers, carry forward this charity and become the next leader of our community."
It is reported that Spiegel took a summer class at Otis College in high school, then entered Stanford University and co founded snap with others.