I for one am hoping that this bill passes. I’ve been paying on my student loans forever and it just doesn’t seem like it will ever end. If the National Service Bill is passed then people like me could do community service and get up to $10,000 a year cleared from our student loan debt. Obama is planning a website that will list community service opportunities in your area. The Web site will incorporate existing organizations such as the Corporation for National and Community Services and AmeriCorps. The bill would be “a way for college students to give back and get out of debt. You’ll be able to volunteer and get credit for up to $10,000 worth of loans per year”.
This for me would be a big game changer and would really clear up a lot of money. I would be the first to jump at this type of opportunity and it I think a lot of others would to. And in these hard times when donations are down I’m sure many non-profits could benefit from the extra hands. This would be the greatest thing for me ever!!!