Is there a company that will consolidate personal loans with student loans?

Can an organisation, investor/entrepreneur, institution, or (startup) company consolidate my student loans in exchange for a fixed period of committed work or other terms?

  • I have considerable student loans from attending top institutions which is impacting my ability to provide the greatest value to society.  Because the term of repayment is nearly 30 years and a significant portion of that amount is interest payment (and a substantial amount of time and energy resources would be directed to this over that time frame), I'm interested in looking into creative options to more quickly clear the loans.  Certainly being part of a successful startup can help with that, as can the possibility of innovating and providing a new idea to society.  But I'm wondering if an organisation, investor/entrepreneur, institution, or (startup) company can read more deeply into what I have to offer over such a long time frame and decide to help me based upon a committed time period of five years and beyond.  I have a low priority interest in any kind of spending of money that is not for altruistic causes, and so the majority (> 90%) of income has been going to loan repayment or essential bills.  It is not so clear when it is favourable to be upfront about this, especially when beginning a new opportunity.  However it is clear that this amount of loans can easily weigh an individual down.  In contrast I continue to focus on what I want to provide and offer.  Based upon my history of hard work not only in an immediate position but in my dedication to providing for a community (which I do out of enjoyment in such a way that this brings value to others), I'm wondering how I may find a high net worth individual or organisation who can enable me to increase my intellectual, intuitive, creative, emotional, and energetic throughput in intellectual pursuits and community contribution.  Again I'd like to focus on return on investment, and am happy to commit to whichever conditions may be considered most appropriate.  I'd in particular like to focus more on contributing to a small community in a variety of ways, since I basically do this in my free time anyhow.

  • Answer:

    It is rather common to have C-Level executives given loans from the company treasury for many purposes, most involving personal real estate purchases but some that are general purpose loans. These loans are given at a very favorable interest rate (south of 8% for non-collateralized loan) and often have their basis forgiven after a certain maturation period or upon the executive's departure from the company. Some Law Firms and larger Banks will pay off student loans for hot recruits from top JD or MBA programs. In either case, if you are eligible for these loans- you generally know it before you ask.  The less attractive alternative is to volley the idea during a negotiation, which may be accepted but may sour the deal... again, it's the level of your skill that will determine the capitulation of the party across the table.

Nicholas Chavez at Quora Visit the source

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