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

Creating value for employees headed into 2024

As we kick-off 2024, research and data on end-of-year spending are already surfacing. According to The 19th News, "Student loan repayments are putting a damper on holiday spending — especially for Gen Z and millennials." As widely known, federal student loan payments...

How does student debt impact your industry?

Across the US workforce, 45 million Americans are burdened by student loans. With the average borrower holding north of $30,000 outstanding. It is no wonder it is one of the United State's biggest causes of financial stress. However, employers have the opportunity to...

The most effective ways to offer Student Loan Assistance

Student Loan Assistance has emerged as one of the most highly sought after benefits for employees headed into 2024. With the combination of federal student loan payments resuming in October and no large-scale government forgiveness, the US workforce is feeling the...

Promote Gender and Cultural Diversity with Student Loan Assistance

Student debt is burdensome. According to the Education Data Initiative, today's average borrower holds over $40,000 outstanding. Alone, that data-point is compelling enough to persuade many employers to offer Student Loan Assistance as a benefit. However, student debt...

Student Loan Survey: Most Borrowers Are Stressed About Repayments [Experian]

Student loans have consistently shown up in the US news cycle since President Biden's debt forgiveness plan was struck down by the Supreme Court in June, and following the historical resumption of federal student loan payments in October. Today, the consensus among...

Peanut Butter recognized by G2 again for the Fall 2023

We are excited to let you know that G2 has awarded Peanut Butter with multiple badges in the Fall 2023 reports. We have been recognized as a high performing leader for all of the America's, and in the Mid-Market space. Along with standing out amongst other top...

How Student Loan Debt Can Impact Your Life [LendEDU]

As we round out 2023, student debt is playing a much bigger role than it did in years past in the lives nearly 50 million Americans. Today, the average borrower owes right around $30,000 toward their student loans, and this number will only continue to grow year by...

Here’s A Winning Strategy For Hiring Early Talent: Help Them With Their Student Loans [Forbes]

As employers continue to navigate the post-pandemic era, a new normal is setting in for student debt holders as payments resume in October. The end of pandemic-related forbearance doesn't generate a net new monthly expense for most borrowers, but it certainly feels...

The CFOs at Nvidia and Estée Lauder say helping employees pay off student loans is vital. Here’s how they’re doing it [Yahoo! Finance]

Yahoo Finance has reported that CFO's from top employers like Estée Lauder and Nvidia are speaking about Student Loan Assistance being a vital benefit for organizational success. The article began by highlighting the recent survey from the Society of Human Resources...

Student Loan Assistance = Financial Wellness at its Finest

Student Loan Assistance has shifted to the top of many news headlines and Human Resources department agendas in October. The month that many thought wouldn't arrive for the past three and a half years is now in full swing, and borrowers around the country are making...

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