Allow citizens to repay their student loans with volunteer service.
Why is this important?
Many young American citizens are struggling under the burden of debt accrued while earning a college degree, debts which they took on under the understanding that such a degree would improve their opportunities to find employment. The youth of this country have been disproportionately impacted by the economic downturn of 2008 and unemployment/underemployment still remains high. Many are postponing important life decisions like buying a home or starting a family due to the burden of student loans. We propose allowing these citizens to repay their loan through volunteer service hours in their own communities. Furthermore, we seek to retroactively increase the education award given to Americorps members by 30% in recognition of the service they gave to their nation.
