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Insights and best practices on Student Loan Assistance

Borrowers may apply now for Student Debt Relief

by Vishuka Mathur | October 17, 2022 | Government Relations, Student Loan Debt | 0 Comments

In late August 2022, President Bident announced a Student Debt Relief Plan that would provide eligible borrowers with full or partial discharge of up to $10,000 in student debt, and up to $20,000 for Federal Pell Grant recipients. Eligible borrowers may now apply for...

E-Learning Companies Rate Us 5.0 Stars

by Vishuka Mathur | October 16, 2022 | Human Resources, Retaining Talent, Reviews, Student Loan Assistance | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and those from E-Learning companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the E-Learning sector love Peanut Butter. To get started with one of our solutions,...

How To Add Tiers To Your Repayment Plan

by Vishuka Mathur | October 16, 2022 | Employee Benefits, Human Resources, Program Management, Student Loan Assistance | 0 Comments

Step 1: To add tiers to a new repayment plan, click "Add new plan" from your Plan info page and follow the instructions here. If you already have a repayment plan, click "Edit plan". Step 2: Select "Yes" to the question "Would you like to add contribution tiers?" and...

Inviting Employees to Peanut Butter

by Vishuka Mathur | October 16, 2022 | Financial Wellbeing, Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment | 0 Comments

Initial Set-up There are two ways to invite Employees to Peanut Butter. You can invite them in batches using CSV files or individually. Let's start with uploading a list of employees to PB: STEP 1: Log in with your Employer Account here and click “Employee Info”. STEP...

Employee Users Rate Peanut Butter 5.0 Stars

by Vishuka Mathur | October 14, 2022 | Reviews, Student Loan Assistance, Winning Together | 0 Comments

Users overall have rated Peanut Butter 4.9 out of five stars, and employee users from companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why these users love Peanut Butter. To get started with one of our solutions, click here.

Staffing & Recruiting Companies Rate Us 5.0 Stars

by Vishuka Mathur | Oct 12, 2022 | Employee Benefits, Employee Engagement, Retaining Talent, Reviews, Student Loan Assistance, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from staffing and recruiting companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the staffing and recruiting sector love Peanut Butter. To get started...

Marketing & Advertising Companies Rate Peanut Butter 5.0 stars

by Vishuka Mathur | Oct 12, 2022 | Employee Engagement, Financial Wellbeing, Human Resources, Retaining Talent, Reviews, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from marketing and advertising companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the marketing and advertising sector love Peanut Butter. To get started...

Banking Companies Rate Peanut Butter 5.0 stars

by Vishuka Mathur | Oct 11, 2022 | Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from banking companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the banking industry love Peanut Butter. To get started with one of our solutions,...

Student Debt: A Critical Challenge Facing Professionals [DPE]

by Vishuka Mathur | Oct 11, 2022 | Employee Engagement, Financial Planning, Financial Wellbeing, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity

Student debt is a widespread problem in the United States and student loans make up the largest portion of non-housing consumer debt. While bachelor’s or graduate degrees were required for 21 percent of all jobs before the great recession in 2006, they are now...

Reminder: Student loan holiday ending in 2023

by Vishuka Mathur | Sep 29, 2022 | Benefits, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Finding Talent, Government Relations, Human Resources, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Winning Together

On August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. Click here to learn what the three-part plan includes and what this could mean for you. Starting mid-2023 student loan servicers are expected to resume the monthly collection of...

Peanut Butter Earns Another G2 Badge: Summer 2022

by Vishuka Mathur | Sep 23, 2022 | Reviews, Student Loan Assistance, Student Loan Repayment, Winning Together

We at Peanut Butter are proud to have been recognized by G2 as a High Performer in the Financial Wellness category. The peer-to-peer software review site has awarded Peanut Butter a badge as a High Performer for the Summer 2022 season, based on positive reviews from a...

Human Resources Companies Rate Peanut Butter 5.0 stars

by Vishuka Mathur | Sep 20, 2022 | Benefits, Employee Benefits, Retaining Talent, Reviews

Users overall have rated Peanut Butter 4.9 out of five stars, and those from human resources companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the human resources sector love Peanut Butter. To get started with one of our...

The student debt gender gap: Women burdened more by debt call for systemic changes [Whio]

by Vishuka Mathur | Sep 20, 2022 | Employee Benefits, Employee Engagement, Financial Wellbeing, Government Relations, Insights, Student Loan Debt, Uncategorized, Winning Together, Workplace diversity

The bulk of student loan debt in the U.S. has fallen on women, who today hold nearly two-thirds of all outstanding student debt, an amount that totals more than $900 billion, according to the American Association of University Women. Upon college graduation, a female...

Why Your Company Should Offer Student Loan Repayment

by Vishuka Mathur | Sep 8, 2022 | Benefits, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Insights, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...

Student Loan Assistance Programs With Peanut Butter

by Vishuka Mathur | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...