One of the stories on the 4/29/12 episode of CBS Sunday Morning with Charles Osgood was titled "Is college tuition smart money?" . This story talked about the high cost of a college education, sought to explain what is behind some of the recent increases in these costs, and asked if the debt is worthwhile for people in different economic situations. Also covered was the burden more than one trillion dollars in student loan debt places on students and their families. While I think they spent too much time discussing how families are 'struggling' to pay for the costs of sending their kids to some of the most expensive schools in the country (Snobs ! ... hee, hee, just kidding), the rest of the story was worth watching. I feel they should have spent less time talking about these 'elitist' schools, and more time on SponsorChange.org. They are a non-profit organization that links other non-profits with students who want to work off some of their student loan debt by volunteering. Watch the story, and see if you agree with me, that an organization like SponsorChange.org can help someone "pay it back" and "pay it forward" at the same time.
Here is the web site for SponsorChange.org, the non-profit mentioned in the story. In the web site you'll find a description of who they are, and how the program works. I hope this information helps some of you cope with the stress placed on your shoulders by this debt burden.
This is an article that was linked to by the SponsorChange.org web site :
Volunteer in Exchange for Student Loan Payments
for more links on SponsorChange.org : http://tinyurl.com/cpodc3d
If you are interested in this program but SponsorChange.org is not yet in your area, try to help get a SponsorChange.org chapter started in your area. Otherwise, check to see if there is a similar organization near you, or a non-profit that will set up a position like that for you themselves. If not, maybe think about working with others to help start a new non-profit with the same mission. Then you too can help someone "pay it back" and "pay it forward" at the same time.