Thanks to department of education and government of United States, all education loan holders now have flexibility to push their loan installment until next year. This gesture from government and banks only added more billions to US education loan debt. Now United States have more than 1.6 Trillion in education loan debt and thanks to Covid 19 pandemic both banks and students are barely surviving.
Further in 2020 United States lost more than 10 million jobs and more than 30 major US companies files for bankruptcies in retail sectors. This mean now people are out of jobs, a smaller number of employers in market and banks getting no loan installments.
As Covid 19 pandemic leave students, employers, banks at the mercy of government stimulus and relief package Freeeducation staffing innovatively helping students, employers and bank with its nonprofit objectives. Free education staffing is helping our communities in following manner:
1. Repaying education loan:
This organization contribute on an average 8K to 10k annual for each employee placement at their client site. This means every education loan holder will not only get higher salary next job but also gets a bonus check to pay their education loans.
2. Contractors benefits:
Contract consultants usually work on W2 for majority of their assignments at client sites. This means no benefits, bonus, insurance, holiday or any other benefits, this organization contributes its entire profit toward education loan of contractors as well.
3. Motivate student to continue education:
Freeducation staffing conducts students consulting to decrease the rate of college drop out. This is another important step toward reducing education loan dept, if students complete their degree, they will get good job and thus pay their education loan back fast.
4. Help American gets technical high paying jobs:
Freeducation staffing believe United States citizens have ability to secure more technical high paying jobs by starting entry level to mid-level jobs in pharma and biotech. Thus, over the years they can secure continuous high salary benefits, become technically sound and make USA less dependent on international technical talents. Hence this organization help provide motivation and basic trainings to find technical jobs.
With hope of vaccine around the corner and continuous efforts by Freeducation staffing one day will get rid of education loan debt of United States. Every innovation initiative was once small before it becomes a revolution and solution to a bigger problem. Please join us to our journey to help many US citizens to live their life with full potentials.