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Insights and best practices on Student Loan Assistance

Student Loan Assistance Made Simple: From Setup to Launch in Just an Hour

by Joe Kwasniewski | November 12, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, FAQ, Features, Human Capital, Human Resources, Program Management, Student Loan Assistance, Winning Together | 0 Comments

When it comes to employee benefits, simplicity matters. That’s why we’ve designed our Student Loan Assistance programs to be fast, intuitive, and easy to launch — requiring just about an hour of your team’s time from start to finish. Getting started begins with a...

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...

Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan [AP News]

by Joe Kwasniewski | Oct 11, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Government Relations, Human Resources, Insights, Student Loan Assistance, Student Loan Repayment

White House attempts to relieve portions of student debt the US workforce faces have continued to get struck down by the Supreme Court. Alluding to the consistent verdict that no widespread forgiveness is coming for borrowers. In a recent post from AP News, another...

Tax-Free Student Loan Repayment, Here to Stay

by Joe Kwasniewski | Oct 11, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Tax-free

First through the CARES Act in 2020, then the Consolidated Appropriations Act of 2021, and now through an in progress bipartisan bill in 2024. Tax-free Student Loan Assistance is once again making a statement to remain an option for employers looking to stand out in...

Peanut Butter Insights: Do Employers Typically Cap Their Total Student Loan Contributions?

by Joe Kwasniewski | Oct 4, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, FAQ, Features, Financial Wellbeing, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

In our discussions with potential clients, employers commonly ask about lifetime maximum caps on their student loan contributions for employees. Hoping to draw comparisons to other benefits. In this post, we’ll describe the best practices surrounding this concept. In...

How long does it take to set-up a Student Loan Assistance Program?

by Joe Kwasniewski | Sep 11, 2024 | Benefits, Differentiation, Employee Benefits, Features, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance

When considering Student Loan Assistance as a new benefits offering, employers commonly ask about program setup time. It’s important to understand the legwork required to get things off the ground. When it comes to Peanut Butter programs, the quickness surrounding...

Peanut Butter Feature to Know: What do employees agree to do as program participants?

by Joe Kwasniewski | Jul 22, 2024 | Benefits, Employee Benefits, FAQ, Features, Human Capital, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

When considering Student Loan Assistance, many employers are curious about what employees agree to as benefit participants. Along with their responsibilities in the program. Employees that elect to participate in a student loan repayment program with Peanut Butter...

Combating Student Debts’ Impact on the U.S. Economy

by Joe Kwasniewski | Jul 22, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together

As more and more college graduates enter the workforce, the ever growing total in student debt the U.S. population faces continues to increase. Combined with that also pairs the fact that wages aren’t keeping up with this debt, and the inflation our country is faced...

Peanut Butter Insights: Employee Eligibility Criteria to Avoid

by Joe Kwasniewski | Jul 3, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Features, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

Working with nearly a thousand clients nationwide, we’ve grown as experts in eligibility criteria employers most commonly use when offering Student Loan Assistance to employees. On the flip side, we’ve also observed eligibility criteria employers should avoid. We...

Peanut Butter Feature to Know: Employer Responsibilities

by Joe Kwasniewski | Jul 3, 2024 | Benefits, Differentiation, Employee Benefits, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

When offering Student Loan Assistance, it’s important for employers to understand their responsibilities for success. Benefit maintenance is simple, and one of the core reasons our services stand out is ease of use. With Peanut Butter’s SaaS solution, employers...

Peanut Butter Feature to Know: Employee Loan Verification

by Joe Kwasniewski | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Qualified Loans, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

When thinking about Student Loan Repayment for employees, companies are commonly curious about the criteria considered when Peanut Butter verifies individuals student loan information during their enrollment process. As an employee links or provides their student loan...

Make a material difference for employees’ financial wellbeing through Student Loan Assistance

by Joe Kwasniewski | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Debt, Winning Together

Employees are asking for more from their employers in 2024. While common benefits like Healthcare, Retirement, and PTO have become industry standards. Other emerging benefits are now coming to the forefront to help improve financial wellness. Student Loan Assistance...