ABOUT US

We make it easy to offer student loan assistance

What is Peanut Butter?

Year in and year out, companies offer incomplete benefit packages that leave employees feeling underwhelmed, with their needs unmet. We started Peanut Butter so organizations can provide the employment value proposition they need to attract, retain, and engage college-educated talent.

Millions of Americans are struggling with student debt. These debtors are among the most qualified job candidates and the most productive workers in our economy. When companies and communities provide student loan assistance, they stand out as a preferred place to work.

Why "Peanut Butter"?

What was your go-to meal in college? For many, peanut butter was the only thing they could afford to eat. Our company’s name is an homage to student debt holders everywhere.

Our effort to help every team member become free of student debt starts with recognizing all their hard work and sacrifices in order to qualify for positions.

Who is Peanut Butter?

Peanut Butter was built from the ground-up to serve employers. Helping organizations efficiently and effectively offer student loan assistance remains our top priority.

We are fortunate to support leading employers in healthcare, financial services, professional services, technology, education, not-for-profit, and several other industries. In addition, we have been entrusted to administer community-based student loan assistance programs to help attract college-educated workers to rural and suburban communities.

Peanut Butter users rate their experience 4.9 out of 5.0 stars for ease of use, quality of support, and ease of setup. Peanut Butter is the #1 rated provider out of 200+ companies tracked in G2’s Other HR benefit category.

Employers often work with Peanut Butter directly, and many learn about us through trusted Human Capital Management providers that recommend us to their clients.

Individually, and as a team, we hold ourselves to these core values.

Customer first, always

Understand, then act

Stronger together

Lead by example

Take thoughtful risks

Do the right thing

Peanut Butter has offices in Chicago, Illinois, and Buffalo, New York.

Meet Our Founder

David Aronson

David Aronson founded Peanut Butter in 2015 and has served as the company’s CEO and Chairman since then. David is responsible for the company’s product and go-to-market vision which is informed through his regular and consistent interactions with client organizations that he partners with to design, implement, and administer student loan assistance programs.

Aronson has spoken on student loan assistance at the HR Executives Benefits Leadership Conference, LIMRA’s Worksite Benefits Conference, EBN’s Benefits Forum, Society for Human Resource Management events, and on Capitol Hill.

David holds an MBA in Entrepreneurship & Innovation from the J.L. Kellogg School of Management at Northwestern University and a BSBA in Finance from Valparaiso University.

Peanut Butter In The Press

Discover resources, best practices and more

Borrowers may apply now for Student Debt Relief

by Vishuka Mathur | October 17, 2022 | Government Relations, Student Loan Debt | 0 Comments

In late August 2022, President Biden announced a Student Debt Relief Plan that would provide eligible borrowers with full or partial discharge of up to $10,000 in student debt, and up to $20,000 for Federal Pell Grant recipients. Eligible borrowers may now apply for...

E-Learning Companies Rate Us 5.0 Stars

by Vishuka Mathur | October 16, 2022 | Human Resources, Retaining Talent, Reviews, Student Loan Assistance | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and those from E-Learning companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the E-Learning sector love Peanut Butter. To get started with one of our solutions,...

How To Add Tiers To Your Repayment Plan

by Vishuka Mathur | October 16, 2022 | Employee Benefits, Human Resources, Program Management, Student Loan Assistance | 0 Comments

Step 1: To add tiers to a new repayment plan, click "Add new plan" from your Plan info page and follow the instructions here. If you already have a repayment plan, click "Edit plan". Step 2: Select "Yes" to the question "Would you like to add contribution tiers?" and...

Inviting Employees to Peanut Butter

by Vishuka Mathur | October 16, 2022 | Financial Wellbeing, Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment | 0 Comments

Initial Set-up There are two ways to invite Employees to Peanut Butter. You can invite them in batches using CSV files or individually. Let's start with uploading a list of employees to PB: STEP 1: Log in with your Employer Account here and click “Employee Info”. STEP...

Employee Users Rate Peanut Butter 5.0 Stars

by Vishuka Mathur | October 14, 2022 | Reviews, Student Loan Assistance, Winning Together | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and employee users from companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why these users love Peanut Butter. To get started with one of our solutions, click here.

How student loan debt became a $1.7 trillion crisis [CNBC]

by Vishuka Mathur | October 13, 2022 | Employee Benefits, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance | 0 Comments

College graduates are drowning in debt but it didn’t have to be this way. Steadily, tuition increases have outpaced incomes forcing families to rely on student loans to help foot the bill. At this pace, “outstanding student loan debt could topple $3 trillion by 2035,”...

Large Enterprises Rate Us 5.0 Stars

by Vishuka Mathur | October 13, 2022 | Human Resources, Recruiting, Retaining Talent, Reviews, Student Loan Assistance | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and those from large enterprises have awarded Peanut Butter a perfect 5.0. Click the badge below to see why these users love Peanut Butter. To get started with one of our solutions, click here.

What to Know About Student Loan Assistance at Your Job [USNEWS]

by Vishuka Mathur | October 13, 2022 | Financial Planning, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance | 0 Comments

With so many workers carrying student loan debt, repayment assistance programs can be a valuable benefit to employees. Student loan debt is a burden that crosses generational lines, with members of all five generations – from the Silent Generation to Gen Z – carrying...

Computer Software Companies Rate Us 5.0 Stars

by Vishuka Mathur | October 12, 2022 | Human Resources, Retaining Talent, Reviews, Student Loan Assistance, Student Loan Repayment | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and those from computer software companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the computer software sector love Peanut Butter. To get started with one of our...

Student Loan Assistance Is One of the Most Sought-After Benefits [Paychex]

by Vishuka Mathur | October 12, 2022 | Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together | 0 Comments

The increase in student loan debt in recent years has become a primary concern of many college-educated workers. When employees are paying off long-term educational loans, employers have offered to shoulder a portion of the burden by including student loan repayment...

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