Washington: Evan Spiegel, co-founder and chief executive officer (CEO) of the social networking application SnapChat, has won the hearts of American students.
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According to a report by a foreign news agency, Avon Spiegel made the students of Oates College of Art and Design in Los Angeles, USA happy by repaying the loans taken to help them in their studies.
The report states that the CEO of SnapChat paid 4 10 million in student loans to 284 students. Avon Spiegel's wife, Model Miranda, has also contributed to the debt.
The college administration also invited Avon and Miranda to the ceremony. During the ceremony at the hotel, as soon as the co-founder of SnapChat announced to repay the loan, the students also made noise with joy.
The administration thanked Avon and Miranda, and the students praised their initiative.
