Heres how it works: Graduates with student loan debt sign up to volunteer at organizations that need manpower. The grads help their community by putting in hours toward that organizations goals. Then donors who have also signed up at SponsorChange reimburse volunteers by paying down their student loans. So the donors help the nonprofit get free manpower rather than making a traditional donation. The volunteers get help with their student loans—and gain useful work experience along the way. Hampshire started SponsorChange in Pittsburgh in 2009. The organization is now based in Washington, D.C., with satellite offices in Pittsburgh and Chicago. Graduates who arent in those cities can sign up if they connect with a nonprofit organization in their area that has signed up with SponsorChange. Or, Hampshire says, some grads who already are volunteering with an organization in their area have invited that organization to join SponsorChange, so that they can turn a basic volunteer gig into one done for student loan assistance. Have you heard about SponsorChange.org? ow.ly/vWXnr
Posted on: Sun, 20 Apr 2014 20:32:38 +0000
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