Obamas, Airbnb CEO Launch New Scholarship | Inside Higher Ed

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The Obama Basis and Airbnb co-founder and CEO Brian Chesky introduced a brand new scholarship Monday to help 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, known as the Voyager Scholarship, is on the market to school juniors and seniors. College students will obtain as much as $25,000 in monetary support per 12 months whereas in this system, plus a $10,000 stipend and free Airbnb housing to spend a summer time working overseas. As soon as they graduate, contributors can spend $2,000 on journey per 12 months for 10 years to reinforce their public service work. College students can even 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’ll’t afford to,” Chesky stated within the video. “They’ve an excessive amount of monetary burden wanting over them.”

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