BLOG

Insights and best practices on Student Loan Assistance

Borrowers may apply now for Student Debt Relief

In late August 2022, President Biden 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

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

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

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

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.

The Latest

Indiana the latest state to confirm it will tax student loan forgiveness [Axois]

Indiana the latest state to confirm it will tax student loan forgiveness [Axois]

As the Biden administration sets out to implement its student loan forgiveness plan, Indiana became the latest state Tuesday to confirm that it will tax student loan forgiveness. Several states have indicated that residents could face a state tax on the balances...

read more
How Biden’s Student-Debt Relief Plan Could Make Colleges More Expensive [Fortune]

How Biden’s Student-Debt Relief Plan Could Make Colleges More Expensive [Fortune]

After Biden announced his student loan relief plan, an economist explains how the new Income Driven Repayment (IDR) system plan will incentivize universities to increase tuition. Read the full article by Fortune here. Employers who help will reap the benefits of...

read more
President Biden’s Student Loan Relief Plan: What Does It Mean For You?

President Biden’s Student Loan Relief Plan: What Does It Mean For You?

***Updated December 7, 2022*** On Wednesday, August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. The three-part plan includes: $10,000 of potential debt reduction for federal loan borrowers and the payment holiday’s end (hereafter...

read more
36% of US millennials say student loan debt limits home ownership [Insider]

36% of US millennials say student loan debt limits home ownership [Insider]

Millennials today owe an average of $38,877 in student loan debt, according to an Experian consumer debt study. According to a new survey conducted by Legal & General, over one third of millennials in the US say they feel locked out of their quest to save for a...

read more
Guidelines for student loan assistance [NLR]

Guidelines for student loan assistance [NLR]

The National Law Review (NLR) recently published its guidelines to help employers steer clear of legal obstacles some have encountered with student loan repayment and tuition reimbursement programs. The three key legal considerations for student loan assistance...

read more
Peanut Butter’s Online Help Center

Peanut Butter’s Online Help Center

Peanut Butter's Online Help Center helps answer your questions about our program without having to send an email or make a call. It contains a collection of articles that help employers and employees get answers to any questions about the Student Loan Repayment Plan,...

read more
Student loan assistance is a worthwhile benefit to offer employees [HRD]

Student loan assistance is a worthwhile benefit to offer employees [HRD]

Jeanniey Walden, global chief innovation and marketing officer at DailyPay, recently spoke (Society for Human Resource Management) about how companies should help their employees keep more money in their pocket. Roughly 45 million Americans have federal student loan...

read more
Search our blogs
Sign up for our newsletter
Please Complete the form below for a downloadable PDF.






Learn more about Student Loan Assistance