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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

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)

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

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

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

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...

The Latest

[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

In a recent article from PYMNTS, Student Loan Repayment was highlighted as a unique way for employers to attract talent. It was cited that nearly 70% of college graduates believe their student debt will influence career choices. It also highlights the fact that 3x...

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[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...

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[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

In a recent article from Bloomberg Law, the provisions in the SECURE Act 2.0 that will allow employers to treat student loan repayment like retirement plan deferrals were analyzed. The end result eluded to the fact that today's workforce needs and prefers direct...

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Nearly half of student loan borrowers have or will get their loans transferred this year

Nearly half of student loan borrowers have or will get their loans transferred this year

Since the beginning of 2022, student loan borrowers have consistently dealt with transfers to new loan providers, thanks to constant changes in the industry. According to a recent piece by pymnts.com and Google, these transfers have impacted nearly half of all...

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[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

In a recent post on the senate’s government website, senators Mark Warner (D-VA), and John Thune (R-SD) urged the IRS to promote educational assistance programs like Student Loan Repayment. The piece highlights the 2020 legislation allowing employers to offer the...

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Support employees returning to the office with Student Loan Assistance

Support employees returning to the office with Student Loan Assistance

As we make our way through the back-half of the year, more and more employees are being asked to return to the office. Not surprisingly, there’s been significant pushback from employees that have been asked to move on from their work-at-home environment. A recent...

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