Kiss Those Student Loans Goodbye (BusinessWeek)

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BusinessWeek - Shawn Agyeman was down on his luck last fall, having just lost his job as a research assistant at the University of Pittsburgh, his alma mater. With looming monthly student loan payments of around $200 a month hanging over his head, the recent college graduate was starting to worry about how he'd meet his debt obligations, fearful that creditors would harass his parents -- who co-signed his loans -- if he couldn't come up with the money. Then he got a phone call from the director of a new grass-roots nonprofit that he says changed his life. ...

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