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This benefit will make millennials stay at your company 36 percent longer
The original version of this post was written by Melanie Curtin and published on Inc.com. You can see the original version here. It used to be that when you went to college, you were relatively certain you'd be able to repay your student loans within a decade--or...
NEW: IRS ruling on tax-advantaged student loan repayments
In August, the IRS issued a groundbreaking ruling that could affect the tax treatment of employers' student loan repayment contributions. We can help you understand what the ruling means, how to explain it to your stakeholders and how companies can act on it to offer...
A winning tool in the war for talent
Hiring is hard. While this has always been the case, it is ringing true now more than ever. As the unemployment rate nears its lowest point in 50 years, the number of people leaving their jobs continues to go up. Workers feel confident that if they leave their current...
Peanut Butter CEO preparing to present at LIMRA Conference
Limra, a worldwide research, consulting, and professional development organization that helps more than 600 insurance and financial services companies in 73 countries increase their marketing and distribution effectiveness, will be hosting its annual Group and...
In some cases, convenience comes at a cost
An earlier version of this post was originally published on the Peanut Butter blog on May 9, 2017 by David Aronson. You can view the original post here. Making payments towards employees student loans via payroll deduction: is it a convenience or does it come with a...
Make the most of your student loan assistance program
As we covered in our last post, Peanut Butter makes it extremely simple for employers to begin helping employees manage their student debt by offering Student Loan Resources. When companies provide access to Student Loan Resources, employees are able begin taking...
Don’t delay helping employees manage student debt
Did you know that 70 percent of people with student loans don't know if they can pay less? Now they can. Peanut Butter has created a way to make offering Student Loan Assistance even easier, so that employers can begin making a difference for employees now. Our...
How many of your employees have student loans?
With 44 million Americans holding student debt, it's pretty easy to see that the effect of this is widespread. However, when considering whether to offer Student Loan Assistance, most employers' first question is often, "How many of MY employees have student debt?"...
Peanut Butter CEO to speak at Members Development Company Owners Meeting
In February, Members Development Company (MDC), a network of some of the nation's largest credit unions working together on meaningful research and development projects, presented some key research around the student loan crisis during their Winter Owners Meeting....
Credit Unions have a unique opportunity to address the student loan crisis
The original version of this post was published on the Members Development Company (MDC) blog by Sarah Lietz, Vice President of Owner Engagement at MDC. You can view the original post here. As more Americans flock to colleges and universities against a backdrop of...