Graduates at a Los Angeles art school are getting their own version of student loan forgiveness. According to The Los Angeles Times, Snapchat’s co-founder Evan Spiegal paid off the debt of all students graduating from the Otis College of Art and Design in Los Angeles. Spiegal and his wife Miranda Kerr shared the news at the college’s commencement. While the exact amount was not disclosed, it was said to be the largest donation the college has ever received. Do you have any college debt? How would life be without college debt?