Obamas, Airbnb CEO Launch New Scholarship



The Obama Basis and Airbnb co-founder and CEO Brian Chesky introduced a brand new scholarship Monday to assist college students pursuing public service careers and supply them with journey alternatives.

“If we would like this subsequent era of leaders to have the ability to do what they should do, they’ve to satisfy one another,” former president Barack Obama said in a video discussing the scholarship. “They should know one another. They’ve to grasp one another’s communities.”

The 2-year program, referred to as the Voyager Scholarship, is offered to school juniors and seniors. College students will obtain as much as $25,000 in monetary support per yr whereas in this system, plus a $10,000 stipend and free Airbnb housing to spend a summer season working overseas. As soon as they graduate, individuals can spend $2,000 on journey per yr for 10 years to boost their public service work. College students may attend a speaker collection to attach with leaders in associated fields.

The scholarship is funded by a $100 million donation from Chesky to the Obama Basis.

“I believe so many individuals have a ardour for public service, however they don’t go into public service as a result of they will’t afford to,” Chesky mentioned within the video. “They’ve an excessive amount of monetary burden wanting over them.”



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