BLOG
Insights and best practices on Student Loan Assistance
The Latest
December update on Tax-Free Student Loan Assistance
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan could exclude contributions to student loans...
Can’t afford to give employees a raise? Try better benefits instead.
Providing a meaningful benefits package may be the key to attracting and retaining valuable workers to a company, even in the absence of regular pay increases or above average salaries. According to Zenefits, more than 60% of employees would take a job with a lower...
CornerStone will no longer service federal student loans
CornerStone Education Loan Services recently announced that it will no longer be servicing federal student loans. As a result, CornerStone has begun the process of transferring loans to other loan servicers, such as Fedloan. CornerStone previously serviced about 0.8%...
PB in the Kitchen: Holiday Treats
Our company’s name is an homage to college grads everywhere, since so many eked by on peanut butter in an effort to save and pay for their college education. Now, those college grads are putting their degrees to work, and many are cooking at home more due to the...
Student Loan Assistance Pricing FAQs
Prospective employers and brokers are often surprised by how affordable Student Loan Assistance programs are when we explain our pricing structure. In this article, we break down the most frequently asked questions regarding our Student Loan Assistance program...
Combat work from home burnout with Student Loan Assistance
There is no doubt that Americans are feeling stressed and anxious these days. A global shift to remote work for several industries has forced many Americans to learn how to juggle; An ever-complicated balancing act of working from home and homing from work. As the...
PB in the kitchen: Thai Butternut Squash Peanut Soup
Our company's name is an homage to college grads everywhere, since so many eked by on peanut butter in an effort to save and pay for their college education. Now, those college grads are putting their degrees to work, and many are cooking at home more due to the...
What’s in your toolkit? Student Loan Assistance Flag Proof
All Peanut Butter clients receive an administration and communications toolkit full of resources to help them make the most of their student loan assistance program. This blog series “What’s in your toolkit?” is designed to help employers discover and understand the...
November update on Tax-Free Student Loan Assistance
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan, could exclude contributions to student loans...
Student Loan Assistance now feasible for every employer
Peanut Butter’s new Student Loan Refinancing solution allows employers to help their employees refinance their student loans...for free. Student debt is costly. Borrowers often agree to pay higher interest rates and larger monthly payments than may be feasible once...