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Insights and best practices on Student Loan Assistance

Great News from the Dept. of Ed (And Why Peanut Butter Participants Are Already Ahead of the Curve!)

by Joe Kwasniewski | July 1, 2026 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, FAQ, Features, Financial Wellbeing, Human Capital, Human Resources, Insights, Student Loan Assistance, Student Loan Debt | 0 Comments

We love sharing good news—especially when it aligns with the financial strategies we’ve been building for program participants from the start. The U.S. Department of Education recently announced an exciting new update for student loan borrowers: a 1% interest rate...

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...

Promote Gender and Cultural Diversity with Student Loan Assistance

by Joe Kwasniewski | Nov 27, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Workplace diversity

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]

by Joe Kwasniewski | Nov 27, 2023 | Financial Wellbeing, Student Loan Debt, Student Loan Repayment

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

by Joe Kwasniewski | Nov 6, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Student Loan Assistance, Student Loan Repayment

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]

by Joe Kwasniewski | Nov 6, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together

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]

by Joe Kwasniewski | Oct 30, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Winning Together, Workplace diversity

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 CFOs at Nvidia and Estée Lauder say helping employees pay off student loans is vital. Here’s how they’re doing it [Yahoo! Finance]

by Joe Kwasniewski | Oct 15, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Press Room, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Winning Together

Yahoo Finance has reported that CFO's from top employers like Estée Lauder and Nvidia are speaking about Student Loan Assistance being a vital benefit for organizational success. The article began by highlighting the recent survey from the Society of Human Resources...

Student Loan Assistance = Financial Wellness at its Finest

by Joe Kwasniewski | Oct 15, 2023 | Benefits, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Debt, Uncategorized, Winning Together

Student Loan Assistance has shifted to the top of many news headlines and Human Resources department agendas in October. The month that many thought wouldn't arrive for the past three and a half years is now in full swing, and borrowers around the country are making...

Now’s the time to offer Student Loan Assistance

by Joe Kwasniewski | Sep 25, 2023 | Benefits, Employee Benefits, Employee Engagement, Financial Wellbeing, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment

During the heart of the Covid-19 pandemic, board rooms and executive suites around the country were filled with uncertainty. However, even with troubling times and a holiday on required federal student loan payments, many employers still chose to offer Student Loan...

IRS hosts webinar promoting tax-free Student Loan Assistance

by Joe Kwasniewski | Sep 14, 2023 | Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Repayment, Tax-free

Today, on September 14th of 2023, we attended the IRS-hosted webinar 'Qualified Education Assistance Programs', which focused on education and compliance surrounding tax-free educational assistance benefits. The webinar was called for by U.S. Senators Mark Warner...

Think twice before paying someone to help you (or your employees) apply for loan forgiveness

by Joe Kwasniewski | Sep 8, 2023 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Student Loan Assistance, Student Loan Repayment

Loan forgiveness through government programs has, and always will remain a hot topic in the media. Specifically, Public Service Loan Forgiveness (PSLF). This program is handled by the the department of education and borrowers may only apply at studentaid.gov. Once...