Most students who complete a post-secondary education find themselves overburdened by the abundance of student loans they were forced to take out to finance their educations. As a result, they find themselves struggling to pay their bills as they try to start building their careers, which leaves little time or money to do anything else; finding the time to contribute to charity just is not a reasonable possibility. To make both things possible, Do Good for Debt was created to allow those with looming student loans to trade their debts for charity work.
The non-profit UK based organization was started by Ian Wallace, who found himself so constricted under the weight of his 14,000 GBP student loans that he took a job in a factory while looking for a job in his chosen field; law. With his life decisions completely surrounding making his debt payments and keeping a roof over his head, this innovative entrepreneur decided there had to be a way to look after his best interests, and give back to his community at the same time.
Do Good for Debt was created, with a main goal of working with charities to encourage recent college graduates to give back, while taking a little something for themselves in the process; complete student debt repayment. Perhaps monetary compensation for charity work, defeats the purpose and takes away from the philanthropist mentality, but hey, recent grads have a better chance at making a contribution to society if they don't have the burden of student loans hanging over their heads.
In order to join Do Good for Debt as a former student or a charitable organization willing to exchange debt repayment for a helping hand; visit their Myspace page.
Via: Business Opportunities and Ideas