(Forbes) Start-Up Aims To Help College Grads Volunteer Their Way Out Of Student Debt
Millennials aren’t much for volunteering, but Kelli Space and Sabrina Norrie think that they’ve found a way to increase Gen Y’s philanthropic participation rate while appealing to their peers’ much maligned sense of self-interest. The two twentysomethings have founded Zero Bound – a platform that allows students and recent grads to pledge hours of service to not-for-profit organizations in exchange for donations toward reducing their debt from sponsors in their communities.
“Today’s graduates have a tremendous amount of energy, education, skill, budding expertise and perspective to offer to their communities. The problem is, for the most part, they aren’t doing so. I know firsthand that no matter how old, people volunteer for all types of reasons – some are purely altruistic – but other are motivated to get involved socially, earn credits, fulfill required hours, enhance their resumes, stay active – the reasons go on and on. But no matter what the motivations are – within reason – most nonprofits jump at the chance to access skill-based and committed volunteers. Zero Bound understands the motivations of these skilled young professionals and incentivizes their service,” says Norrie.