Student Debt Diaries has worked with a few different student loan organizations since the founding of this website over three years ago. Indeed, Student Debt Diaries has linked to other sites, promoted information and services offered by other organizations, and attempted to advertise different websites and resources within the student loan community. Student Debt Diaries recently interacted with a great student loan organization named StartNoo, and the experience demonstrates how StartNoo can help with student loans.
The most accessible way StartNoo can help with student loans is with The Student Loan Podcast produced by StartNoo. This podcast includes substantive interviews with people within the student loan community, and individuals who have paid off their student debt. By listening to this podcast, student debt borrowers can learn tips and strategies that may be helpful for their own student loan journey. In addition, listening to the stories of people conquering student loans can be inspirational, and it is important to stay on track and be inspired while paying off student loans.
I recently participated in a podcast interview with the folks at StartNoo, and the experience was great. The medium of podcasts is effective at conveying information in a way that is easier to digest than simply reading articles on the internet. You can check out my podcast interview here, and if you have any questions about the interview, feel free to email me.
My brother Adam, who is a guest writer on this website, also recently sat for a podcast interview, and the experience also demonstrates how StartNoo can help with student loans. Adam has a unique experience with student loans as a physician who racked up student debt both as an undergraduate and a medical student. In order to lower his educational costs, Adam worked a part-time job in medical school, which is relatively rare among medical student. Adam’s podcast interview can be found here, and I highly recommend that everyone, especially medical students and physicians, check out Adam’s podcast interview.
The main way that StartNoo can help with student loans is with the primary service offered by the organization. StartNoo essentially connects student debt borrowers with charitable organizations and donors. Student debt borrowers sign up to perform services for charitable organizations that interest them, and donors agree to make a payment toward the borrower’s student loans in exchange for the services performed by the borrower.
In the words of Michael Scott, this is a “win, win, win” situation. The charitable organization benefits because they are able to receive services that can be used to achieve the organization’s charitable purpose. The student debt borrower benefits because they get some help paying off their student loans. In addition, the donor gets two benefits from participating through this process with StartNoo. The donor gets to benefit the charitable organization by assisting that organization in receiving services. In addition, the donor gets to know that they are helping individuals who are burdened by student debt. In a traditional charitable donation, the donor would only get the benefit of providing for the organization, so StartNoo empowers donors to have a greater charitable effect.
StartNoo can help with student loans because it offers a way to increase the money devoted to student debt without working a traditional side-hustle. Although some side-hustles can be very fulfilling, many of the side-hustles that student debt borrowers pursue, such as Amazon Mechanical Turk, InboxDollars, and others can be tedious and monotonous. I’m not saying that people should stay away from these side-hustles, and indeed, I spent months making real money off of these apps. However, it is difficult to work a repetitive and somewhat monotonous side-hustle on your phone or over the internet sometimes.
However, StartNoo allows you to earn extra money that can be devoted to student loans without completing the tasks associated with some of the other more tedious side-hustles. During COVID-19, some of the tasks assigned through StartNoo may involve virtual work. Nevertheless, some of the services that student debt borrowers can complete through StartNoo can be more fun and engaging than tasks that can be completed through some of the other traditional side-hustles worked by many student debt borrowers.
Also, StartNoo can help with student loans and be more fulfilling than other traditional side-hustles. Some side-hustles can be very fulfilling to student debt borrowers, but most part-time jobs and primary jobs at which student debt borrowers work are simply to make money at for-profit businesses. Nevertheless, StartNoo allows people to serve a charitable organization and have a tangible impact on groups that are doing good work for others. This impact is different than the effect most people have during their day jobs, and working for StarNoo can be more enriching than other jobs.
For all of these reasons, StartNoo can help with student loans, but it is important to get the word out about this organization so that it will succeed in empowering student debt borrowers to receive loan payments in exchange for services. Student debt borrowers, charitable organizations, and donors should all check out StartNoo so that they can be part of this growing movement. StartNoo has the potential to change how we think about student loan repayment, but it is up to us to support this organization so that they can keep doing their good work for student debt borrowers and nonprofits.