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Insights and best practices on Student Loan Assistance

Don’t Fall Behind: Why Direct Student Loan Repayment is Your ONLY Path to Attracting and Retaining Top Talent (and Why Now is the Time to Act)

by David Aronson | August 4, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, FAQ, Features, Government Relations, Human Capital, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Tax-free | 0 Comments

America's student debt crisis is undeniable. Over 45 million Americans, representing roughly 26% of the U.S. workforce, collectively hold $1.7 trillion in student debt. For Finance and HR executives, this reality presents both a challenge and a profound opportunity to...

Nonprofit Employers: This Is Your Chance to Help Employees Conquer Student Debt

by Joe Kwasniewski | July 16, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, FAQ, Features, Human Resources, Insights, Plan Design, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Repayment, Tax-free | 0 Comments

Changes continue to get announced for borrowers enrolled in the former SAVE plan, bringing fiscal responsibility back to individuals holding these loans. For the millions of borrowers enrolled in this plan, deemed illegal in US courts, interest will begin accruing on...

Your Strategic Advantage: Tax-Free Student Loan Repayment Now Permanent

by David Aronson | July 11, 2025 | Benefits, Differentiation, Employee Benefits, Employee Engagement, FAQ, Human Capital, Human Resources, Insights, Plan Design, Student Loan Assistance, Tax-free, Uncategorized | 0 Comments

To Our Valued Clients, This communication serves to inform you of a significant development that further enhances the value of the student loan repayment benefit you are already providing: the recent passage of the One Big Beautiful Bill (OBBB). This legislation has...

Decoding the OBBB: Permanent Tax-Free Treatment of Employer-Sponsored Student Loan Repayment

by David Aronson | July 8, 2025 | Benefits, Differentiation, Employee Benefits, FAQ, Financial Wellbeing, Finding Talent, Human Capital, Human Resources, Insights, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Tax-free, Uncategorized | 0 Comments

The OBBB has brought significant, permanent changes to federal student loans. For employers focused on college-educated talent, the biggest impact is the permanent tax-free status for employer student loan assistance. Employers have long found high ROI offering this...

Opportunity Now: Student Loan Repayment is PERMANENTLY Tax-Free Under the OBBB

by Joe Kwasniewski | July 7, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Features, Finding Talent, Government Relations, Human Capital, Human Resources, Insights, Plan Design, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Repayment, Tax-free | 0 Comments

For ten years, Peanut Butter has helped employers offer impactful student loan assistance programs, recognizing the financial strain of student debt. As you know from our recent posts, employers consistently report a high ROI on this benefit, even when offered on a...

How to attract and retain the talent you want (Part Two)

by Tatum Pugh | Feb 20, 2020 | Employee Benefits

This is the second post in the five-part series: "How to attract and retain the talent you want." If you missed part one, click here. Step two: Contribute what you're comfortable with Employers are competing for talent on whether they offer student loan repayment,...

Number of employers offering Student Loan Assistance continues to rise, and fast

by Tatum Pugh | Feb 18, 2020 | Benefits

Attracting and retaining the right talent at your company is likely very high on your priority list, if not at the very top. One of the most effective tactics for overcoming this HR hurdle is ensuring that your company’s benefits offering is up to snuff. A good phrase...

In the press: A tech hub, drone startups and a company named Peanut Butter

by Tatum Pugh | Feb 12, 2020 | Uncategorized

Peanut Butter made headlines Tuesday after spending its first week up in the sky. 24 floors up, to be exact. Last Wednesday, Peanut Butter and a handful of other companies moved into new offices inside Seneca One tower in downtown Buffalo. The complimentary Class A...

Peanut Butter Selected for Award from State of New York, Relocating HQ

by Tatum Pugh | Feb 3, 2020 | Buffalo

In 2014, under Governor Cuomo, the State of New York commissioned 43North to bring innovation and new jobs to the Buffalo Niagara region. Since then, 43North has been a key driver in the renaissance of a thriving Western NY business community, spurring growth for...

How to attract and retain the talent you want (Part One)

by Tatum Pugh | Jan 31, 2020 | Employee Benefits, Human Resources

Over the next few weeks, we are going to be rolling out a new, five-part blog series discussing how to attract and retain the talent you want. Step one: Set your employees up for success Unemployment is low Offering student loan assistance can help maximize your...

It’s never too soon to prepare for graduation

by Tatum Pugh | Dec 20, 2019 | Student Loan Debt

Whether you’re a soon-to-be grad or an employer looking to hire new talent, it’s never too early to prepare for graduation season. Statistically speaking, approximately 70% of college graduates have student loans. All things considered, now seems like a better time...

ADP’s Spark: Employees burdened by student loans? Offering this benefit could help.

by Tatum Pugh | Dec 20, 2019 | Employee Benefits

The problem of student debt in America is a hefty one, with more than 44 million people collectively owing over $1.5 trillion in student loans. And it doesn’t stop there; the Congressional Budget Office estimates that an additional $1.27 trillion in new federal...

ADP highlights five tips for attracting talent through Student Loan Assistance

by Tatum Pugh | Oct 10, 2019 | Student Loan Assistance

Peanut Butter partner ADP released a blog post today discussing five tips for how to attract and retain employees. Step one is easy: offer student loan assistance as a benefit. After that, you can focus on adjusting your plan to meet your company's individual needs...

Peanut Butter and Clinton County, Iowa launch pioneer program targeting student debt

by Tatum Pugh | Sep 30, 2019 | Winning Together

Peanut Butter began a partnership with Clinton County, Iowa last month in order to establish a new intergovernmental system aimed at helping residents pay off their student loan debt. This collaboration was provoked after the county experienced large decreases in...

Central DeWitt School Board joining Clinton County to offer student loan repayment

by Tatum Pugh | Sep 29, 2019 | Student Loan Assistance

We're excited to share that the Central DeWitt School Board is the latest to spread the Peanut Butter and join Clinton County, Iowa's intergovernmental Student Loan Repayment program. Clinton County, Iowa recently embarked on a...