Nonprofits and Loans

proudfree of debt

Photos by royblumental and iandarid

The reality of obtaining a higher education usually means finding money to pay for it.  The two options usually are: getting a loan or committing to work for a company that will reimburse for the classes or cover the loans for each year you work for the entity.  The Perkins Federal loan under certain circumstances will be forgiven for each year your employed performing certain duties.  I can vouch for this one because I got the last year of my loan forgiven.  I only wish I had known before hand.  I could have gotten five years forgiven for a savings of $10,000.

What a great incentive to work in the nonprofit field.

The benefits of not using private sector funding for higher education loans provides opportunity towards creating much more value to the community, the individual, and workforce.  Private loans do not get forgiven not matter how worthy your job is considered.   The creating of jobs in fields needed most is more successful with loan forgiveness.   Check out this link to find out what options you can use to get certain loans canceled.  

Many college and universities are already servicing the Federal loans.   Increasing the amount of dollars available to individuals for higher education will loan forgiveness will increase the likelihood of success in recruiting in the fields needed.

Educate government officials of the benefit of government and nonprofits working directly together to expand their involvement of higher education loans for the achievement of the workforce needs.

Nonprofits can offer to pay college loans as part of their recruitment.  Being proud of what you do for work should not be a thing of dreams.


3 Responses to “Nonprofits and Loans”

  1. Melanie Says:

    Where can I find out more abot loan forgiveness?

    www.charitynetusa.com/blog

  2. Bob Guinto Says:

    I added the link to the post. Make sure you read the cancellation options fully. A lot of you are covered.

  3. College Finance Says:

    Hello. Great job. This is a great post. Thanks!

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