A common concern for young people who want careers in the nonprofit sector is that the salaries aren’t always enough to help pay off student loans. However, a little digging by Idealist.org reveals that there are opportunities to help people interested in public service manage, reduce, and pay off student loans while still working for a nonprofit. Check out these three financial aid resources for people in public service by idealist.org. The resources include:
- Information on the income-based student loan repayment and public service loan forgiveness programs by the federal government.
- Financial aid resources for graduate school.
- A breakdown of the education award for those who participate in public service programs like AmeriCorps, VISTA, and NCCC
and more. Be sure to bookmark the article as I’m sure these resources will come in handy.
Do you have any other resources or advice to add on how college grads can have careers in public service and manage their student loans? Share them in the comments below!
Thank you for publishing this information. I am always looking for a way to balance out the debt to income ratio when it comes to my investment in college. I am majoring in Human Services Management and already work at a non profit with plans to stay, but face a rather large student loan debt because I earn just enough to not qualify for financial aid.
My pleasure, Terri! The hope is that this information will help people manage their debt or at least reduce the fear that doing public service work will make paying off debt impossible. If one of these tips works, please let us know!