Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

These Volunteer Opportunities Offer Relief For Student Loans

rmtsa by rmtsa
July 10, 2025
in DramaAlert
0
These Volunteer Opportunities Offer Relief For Student Loans
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Justin Trudeau Seen Vibing at Katy Perry’s Lifetimes Tour After Dinner Date

Sapphire Golf Tour Wants Black Women To Tee Up This Season

Moment Aubrey O’Day Learned About Diddy’s Arrest Caught on Reality Show Video

student loan forgiveness, fresh start program, idk, forgiveness, Connecticut student loans

by Nahlah Abdur-Rahman

July 9, 2025

Programs such as the Peace Corps and Americorps could offer some loan relief and even forgiveness.

For those struggling with student loans, several volunteer opportunities could offer relief and forgiveness.

These methods may also benefit others who received federal pauses on multiple loan programs. These individuals did not take on immediate student loan repayments due to the COVID-19 pandemic and subsequent grace periods established during the Biden administration. The former president attempted to implement student loan forgiveness, but legal challenges significantly hindered the effort.

Now, the Trump administration has announced a deadline for these grace periods, as well as the rollout of involuntary collections on defaulted loans. As these pauses come to a halt, more borrowers may need options to relieve them of upcoming bills that could cost hundreds of dollars a month.

Volunteer options may also greatly benefit Black borrowers. According to the Education Data Collective, Black bachelor’s degree holders carry an average of $52,726 in student loan debt. The discrepancy between Black and white student loan borrowers is also vast, with Black people owing an average of 188% more than their white counterparts.

Enlisting in the Peace Corps could lead to loan deferment, partial cancellation, or eligibility for the Department of Education’s Public Service Loan Forgiveness (PSLF) Program. The program offers the cancellation of the remaining debt after 10 years of payments while working in public service.

Furthermore, while one is in the program, they could avoid paying toward their student loans entirely. However, the Peace Corps typically requires a year-long stint in a foreign country.

“Under a qualifying repayment plan, your payments could be $0 per month while volunteering,” the website states. “Signing up at the beginning of your service allows you to make the greatest number of qualifying payments.”

For those wanting to stay local, AmeriCorps is a national program that sources employment for young adults. According to Newsweek, the program offers a Segal AmeriCorps Education Award.

Granted to those who complete a term of service with the agency, the award provides the yearly equivalent of a Pell Grant. The money can go toward qualified student loans or education expenses if one enrolls in school. However, the agency has also undergone budget cuts enforced by the Trump Administration, so borrowers should remain wary of its future.

Another option is the Shared Harvest Fund. The program offers student debt relief for “skilled volunteers and frontline care workers who show up for their communities, especially during emergencies.” The doctor-founded nonprofit helps people pay off their loans by becoming “debt-free freelancers.”

In the program, borrowers sign up and list their applicable skills, becoming matched with a volunteer organization. They gain points that convert into stipends to directly pay off loans. One of its co-founders,  Dr. NanaEfua Afoh-Manin, deemed the innovative venture as “TINDR meets the Peace Corps.”

While these opportunities may not fully alleviate one’s student loan debt, they are obtainable solutions to help borrowers get a grasp on their repayment.

RELATED CONTENT: US Appeals Court Temporarily Blocks Biden’s Student Loan Forgiveness Plan



Source link

Tags: LoansOfferOpportunitiesReliefStudentVolunteer
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Justin Trudeau Seen Vibing at Katy Perry’s Lifetimes Tour After Dinner Date

by rmtsa
July 31, 2025
0
Justin Trudeau Seen Vibing at Katy Perry’s Lifetimes Tour After Dinner Date

Katy Perry Hear Me 'Roar', Justin Trudeau! Former Canadian PM Vibing at 'Lifetimes' Concert Published July 31, 2025 4:22 AM PDT Justin Trudeau was totally vibing as he...

Read more

Sapphire Golf Tour Wants Black Women To Tee Up This Season

by rmtsa
July 31, 2025
0
Sapphire Golf Tour Wants Black Women To Tee Up This Season

by Nahlah Abdur-Rahman July 30, 2025 The tour was created by the United Golfers Association to showcase Black women players—and introduce more Black women to the game. To...

Read more

Moment Aubrey O’Day Learned About Diddy’s Arrest Caught on Reality Show Video

by rmtsa
July 31, 2025
0
Moment Aubrey O’Day Learned About Diddy’s Arrest Caught on Reality Show Video

"I never in my life thought I would see this happen," she said while breaking down in tears in candid footage shown on Wednesday's 'Botched Presents: Plastic Surgery...

Read more

‘Social Network 2’ Eyes Mikey Madison And Jeremy Allen White To Star

by rmtsa
July 31, 2025
0
‘Social Network 2’ Eyes Mikey Madison And Jeremy Allen White To Star

EXCLUSIVE: Following the news a Social Network sequel may finally be moving forward, Aaron Sorkin may already his sights set on the two rising stars to lead this...

Read more

Chilean police return $125K in luxury watches stolen from Keanu Reeves – National

by rmtsa
July 30, 2025
0
Chilean police return 5K in luxury watches stolen from Keanu Reeves – National

Chilean authorities announced Tuesday that six valuable watches stolen from Canadian actor Keanu Reeves were handed over to the U.S. Federal Bureau of Investigation (FBI), months after recovering...

Read more
Next Post
The Valley’s Jasmine Goode Shares If She Agrees With Janet’s Use of Term “Sexual Assault” Against Danny

The Valley's Jasmine Goode Shares If She Agrees With Janet's Use of Term "Sexual Assault" Against Danny

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Matt Damon & Ken Jennings Win
  • Justin Trudeau Seen Vibing at Katy Perry’s Lifetimes Tour After Dinner Date
  • Who Is Nina Dobrev’s Fiancé? Shaun White’s Job & Relationship History

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In