So many Americans are struggling to pay their student loan debts and many more fall into default every year. With such a growing problem on our hands some innovative ideas have begun to blossom to find solutions to helping graduates pay their debts and stay out of default. One company has introduced a unique way to have their debts reduced through volunteerism.
Give To Get
Sponsor Change is an nonprofit organization that matches college graduates to local charities needing volunteers. Volunteers raise funds from sponsors to reward their charity work with student loan payments.
The idea is to increase overall charity revenue through increased sponsorship. The charity organization receives more than they would have raised on their own, get additional help from the graduates providing services and time, and the graduates have money put towards their student loan balance.
Learn more at: http://sponsorchange.org