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Insights and best practices on 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...

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 Latest

[The Wall Street Journal] Student Loan Borrowers Face Repayment Soon. CFOs Are Watching to See if Spending Takes a Hit.

[The Wall Street Journal] Student Loan Borrowers Face Repayment Soon. CFOs Are Watching to See if Spending Takes a Hit.

A recent article from The Wall Street Journal analyzed the resumption of federal student loan payments alongside other spending trends. It highlighted that these payments will likely significantly impact spending nationwide as gas prices and typical grocery bills...

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[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

In a recent article from PYMNTS, Student Loan Repayment was highlighted as a unique way for employers to attract talent. It was cited that nearly 70% of college graduates believe their student debt will influence career choices. It also highlights the fact that 3x...

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[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...

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[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

In a recent article from Bloomberg Law, the provisions in the SECURE Act 2.0 that will allow employers to treat student loan repayment like retirement plan deferrals were analyzed. The end result eluded to the fact that today's workforce needs and prefers direct...

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Nearly half of student loan borrowers have or will get their loans transferred this year

Nearly half of student loan borrowers have or will get their loans transferred this year

Since the beginning of 2022, student loan borrowers have consistently dealt with transfers to new loan providers, thanks to constant changes in the industry. According to a recent piece by pymnts.com and Google, these transfers have impacted nearly half of all...

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[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

In a recent post on the senate’s government website, senators Mark Warner (D-VA), and John Thune (R-SD) urged the IRS to promote educational assistance programs like Student Loan Repayment. The piece highlights the 2020 legislation allowing employers to offer the...

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Support employees returning to the office with Student Loan Assistance

Support employees returning to the office with Student Loan Assistance

As we make our way through the back-half of the year, more and more employees are being asked to return to the office. Not surprisingly, there’s been significant pushback from employees that have been asked to move on from their work-at-home environment. A recent...

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