Benefits and Compensation, Recruiting, Talent

Student Loan Holders Would Greatly Value Employer Assistance

A new survey has found that many student loan borrowers in the U.S. would prefer to work for a company that offers student loan management help as part of their benefits package.

The survey was conducted among 1,000 individuals with student loans by Iontuition Inc., a member of the Ceannate companies that helps students and families take control of their education finances. Iontuition reports that more than 40 million Americans have student loan debt. According to the survey, nearly 80 percent of the individuals surveyed with student loan debt—which could equate to more than 30 million Americans—said they would like to work for a company that offers repayment assistance with a matching opportunity.

Balaji “Raj” Rajan, CEO of Ceannate Corp, shared his thoughts on the survey with BLR®: “We surveyed college graduates who overwhelmingly agree they would choose to work for a company that would assist with their college loan management over a company with a standard benefits package. Clever HR professionals have a unique opportunity to attract and retain America’s top talent by creating a benefits package that addresses the financial challenges facing graduating students today.”

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Survey results on student loan assitance

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