Tag: student loans

401K

Travelers Offers Student Loan Repayment, 401(k) Match

By the year 2025, it’s estimated that Millennials will make up roughly 75% of the American workforce. This means that HR professionals, business owners, hiring managers, and anyone else involved in the recruitment process needs to have a solid understanding of this demographic if they hope to compete in the market.

Shrinking the Student Loan Debt: Let’s Start at Work

Employees in every industry are burdened with student loan debt. According to the latest Federal Reserve data, Americans carry over $1.5 trillion in student loans. The amount continues to grow every quarter. PricewaterhouseCoopers’ 2018 Employee Financial Wellness Survey revealed that 54% of employees are stressed about their finances, and 64% are impacted by student loans. […]

Employee Benefit Options: Helping with Student Loans

Average student loan balances across the country continue to rise, which leaves many new employees struggling with debt before they’ve even managed to start their first full-time role. This weighs heavily on the minds of many job applicants and is one of the reasons some employers have started offering student loan assistance as a benefit […]

School Is Cool at More Companies Today

Yesterday’s Leadership Daily Advisor reported on the fast-growing trend in corporate benefits of helping employees who are saddled with education-related debt. Today, we outline the main design elements that will structure leadership’s approaches to the perk.

Is Student-Loan Assistance the Perk of the Year?

Education assistance and student-loan repayment benefits may just be the hot benefit to watch—as a growing number of employers have recently announced they will be offering the perk, and many more say they’re thinking hard about providing it.

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 […]