Shrink Your Loans

Pay down your student debt by taking a public-service job.

New grads who want to change the world often find that fighting poverty begins at home, when they contemplate their first measly paycheck and Kilimanjaro-size student loans. One solution: With assistance programs that repay student loans in return for work in underserved areas, you can do good and still make a big dent in that debt.

Brian McDonald's first job out of college, with a bank in Rochester, N.Y., followed a traditional career path in corporate finance. But when he was laid off several months later, he made a radical switch and became an AmeriCorps volunteer in Albuquerque.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here