To keep student loan costs down, offer a public service option to pay down student loan interest rates. Students can pay down their loan interest by volunteering a maximum of five hours per week or opting to pay interest payments monetarily.
Why is this important?
In these harsh economic times, getting an education is becoming more a nightmare than a dream for many Americans. Recently, student loan interest rates were doubled, making the pursuit of higher education that much harder.
To ease the strain that student loan interest rate increases will cause for so many college graduates, why not utilize them in a manner that eases the strain on county, city, state and federal budgets? Why not offer the option of public service to recent graduates as one means to offset the rising costs of higher education?
