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Insights and best practices on Student Loan Assistance

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...

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How does student debt impact your industry?

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...

read more
The most effective ways to offer Student Loan Assistance

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...

read more
Promote Gender and Cultural Diversity with Student Loan Assistance

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...

read more
How Student Loan Debt Can Impact Your Life [LendEDU]

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...

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

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...

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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]

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...

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Student Loan Assistance = Financial Wellness at its Finest

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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