February 21, 2014

doing good ›

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Awesome Good! Pay Down Your Student Loans By Doing Social Good

We just love it when a great plan starts to fall into place.  Raymar Hampshire, cofounder of SponsorChange.org, noticed a few problems and decided to do something about it.  Here is what he observed -

  • 70% of College Graduates in 2013 Owe Money On A Student Loan
  • Non-profits Need Volunteers For Man Power
  • Non-profits Have An Easier Time Getting Donors Than Volunteers

Raymar Hampshire came up with SponsorChange.Org to help Non-profits get the volunteers they need, while at the same time helping college graduates pay down their debt and also do social good.  

"Here's 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."

- Source: TakePart.Com

A True Doing Good, Win-Win

Everybody wins in this scenario.  The Non-profits get young, college educated volunteers who can help with numerous projects.  The college grads get their student loan paid down, while also learning leadership skills and helping their local community.  Just an awesome way to Do Good, on every level.

More Information:

Visit SponsorChange.Org to Learn More About the Organization

Hat-Tip to TakePart For A Great Write-Up On SponsorChange.Org

Dan Nessel
Dan Nessel