Tuesday, March 8, 2011

Day 145 - Pay Off Student Loans with SponsorChange.org

March 8, 2011

Day 145 - Pay Off Student Loans with SponsorChange.org

Logo Image: www.sponsorchange.org

I am so inspired by people who not only think of an amazing new idea that is potentially a game-changer, but who also have the courage and skill to actually bring this idea to life.  I think I may have found one of those game-changers today while browsing the CNN's Personal Finance section online.  The headline "Work for Credit to Pay Off Student Loan Debt" immediately caught my eye since, as most of you know, my remaining debts are all student loans.  A video shows a recent college graduate volunteering her time at a non-profit organization in exchange for an amount to be paid by a third-party sponsor towards her student loan debt.  As a result, the organization obtains a skilled professional to assist with a community project and the recent grad obtains skills and experience to add to her resume.  Win-win.

According to SponsorChange.org's Mission Statement, "non-profits can easily recruit skilled college graduates to complete service projects and raise funds from sponsors to reward their work with student loan payments, helping both non-profits and college graduates reach their full potential."  SponsorChange.org is the driving force behind this matchmaking endeavor.  According to the website, SponsorChange.org is currently located in Pittsburgh, PA but is looking to expand to additional cities.  I have a feeling the expansion process will happen quickly once people are aware and catch on.  So spread the word!

Social entrepreneurship at it's best.  If you are a non-profit in need of a skilled professional, a skilled college graduate paying off student loan debt, or someone who just likes to support their community then check out the SponsorChange.org website and see for yourself.

Hopefully this organization will be coming to San Diego very soon!!
Stay tuned,
Sarah

Note:  I am in no way affiliated with SponsorChange.org and have not been paid for this post - I just think this sounds like a great idea and wanted to write about it!


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