Department of Education

Student Loan Forgiveness for Ideas

If you can come up with an idea that saves the government money, a percentage of what the government saves would be applied to repaying your student loans. This would create a powerful incentive for reducing both the government deficit and individual's debt. I envision the contest similar to this one, but on a more regular basis. As an intern with VA and a current student, a program like this would be very, very motivating. What better way to encourage innovation and fiscal responsibility simultaneously!

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Idea No. 17907