Here’s a brilliant idea about a great way to pay off student debt. Sort of like Americorps or the Peace Corps, but with a wider variety of ways to serve. This is 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 organization’s 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.

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