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We live in a strange time. The stats tell us that investing in higher education is one of the best investments that an individual can make, yet so many young people are saddled by student loans and under or unemployment. Something is going to have to change, and I’m not sure what it will be. American Student Assistance is an organization that will likely play a role in the change. They’re a Boston, MA based “private nonprofit whose public purpose mission is to empower students and alumni to successfully manage and repay their college loan debt.” ASA was founded in 1956 as the Massachusetts Higher Education Assistance Corporation and has served as a loan guarantor for much of its history. That ended in 2008 with a change in Federal law, but it hasn’t stopped American Student Assistance from offering SALT, its “innovative financial literacy and default prevention program.”
It’s a bit hard to grasp the entirety of American Student Assistance’s History without having a pretty good understanding of how the student loan system works, but it’s still worth reading through. But now ASA seems to be all about SALT, so watch this brief introductory video to get a better idea of what SALT is (click here if it doesn’t show up):
As you can see, it’s all about “providing student loan education, and enabling the development of financial competencies through the use of innovative web-based tools and trusted, neutral advice.” If that sounds like something that you’d want to work on, take a look at ASA’s Jobs page. Right now there are a few positions worth considering including Consolidation/Rehabilitation Assistant, Software Engineer, Privacy Analyst, and Campus Engagement and Education Consultant. They also offer paid internships if you’re not quite a fit for any of these positions.
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