Inc Magazine has the best idea yet for encouraging college grads to start their own businesses: delay payment of their student loans until they get their businesses off the ground. Read more of the http://www.inc.com/magazine/20100701/student-loan-breaks-for-entrepreneurs.html.
In 2007, the government began offering breaks to students with federal-loan debts who opt for public-interest work — allowing them to walk away from their debts after 10 years, compared with 25 years for recipients of some other federal loans. Entrepreneurs should get the same kind of consideration.
Bottom Line: Let grads who start businesses postpone loan payments for a few years while they get their ventures off the ground.