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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...

Banking Companies Rate Peanut Butter 5.0 stars

by Vishuka Mathur | Oct 11, 2022 | Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from banking companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the banking industry love Peanut Butter. To get started with one of our solutions,...

Student Debt: A Critical Challenge Facing Professionals [DPE]

by Vishuka Mathur | Oct 11, 2022 | Employee Engagement, Financial Planning, Financial Wellbeing, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity

Student debt is a widespread problem in the United States and student loans make up the largest portion of non-housing consumer debt. While bachelor’s or graduate degrees were required for 21 percent of all jobs before the great recession in 2006, they are now...

Reminder: Student loan holiday ending in 2023

by Vishuka Mathur | Sep 29, 2022 | Benefits, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Finding Talent, Government Relations, Human Resources, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Winning Together

On August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. Click here to learn what the three-part plan includes and what this could mean for you. Starting mid-2023 student loan servicers are expected to resume the monthly collection of...

Peanut Butter Earns Another G2 Badge: Summer 2022

by Vishuka Mathur | Sep 23, 2022 | Reviews, Student Loan Assistance, Student Loan Repayment, Winning Together

We at Peanut Butter are proud to have been recognized by G2 as a High Performer in the Financial Wellness category. The peer-to-peer software review site has awarded Peanut Butter a badge as a High Performer for the Summer 2022 season, based on positive reviews from a...

Human Resources Companies Rate Peanut Butter 5.0 stars

by Vishuka Mathur | Sep 20, 2022 | Benefits, Employee Benefits, Retaining Talent, Reviews

Users overall have rated Peanut Butter 4.9 out of five stars, and those from human resources companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the human resources sector love Peanut Butter. To get started with one of our...

The student debt gender gap: Women burdened more by debt call for systemic changes [Whio]

by Vishuka Mathur | Sep 20, 2022 | Employee Benefits, Employee Engagement, Financial Wellbeing, Government Relations, Insights, Student Loan Debt, Uncategorized, Winning Together, Workplace diversity

The bulk of student loan debt in the U.S. has fallen on women, who today hold nearly two-thirds of all outstanding student debt, an amount that totals more than $900 billion, according to the American Association of University Women. Upon college graduation, a female...

Why Your Company Should Offer Student Loan Repayment

by Vishuka Mathur | Sep 8, 2022 | Benefits, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Insights, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...

Student Loan Assistance Programs With Peanut Butter

by Vishuka Mathur | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...

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

by Vishuka Mathur | Sep 7, 2022 | Financial Planning, Financial Wellbeing, Government Relations, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

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...

What is Peanut Butter’s support and holiday schedule?

by Vishuka Mathur | Sep 2, 2022 | FAQ, Human Resources

Peanut Butter will use commercially reasonable efforts to respond to all Helpdesk tickets within one (1) business day. Our team is available to support you Monday through Friday from 9am to 5pm CT.We are closed in observance of the following holidays: New Year’s Day...