How to Get Executive Approval for a Student Loan Assistance Program

It's mid-November, you've done your research for 2019 benefits and you've decided that you want to offer Student Loan Assistance to your employees come 1/1. That's great! However, you quickly realize that you need to take this to your leadership team for budget approval and you fear it's going to go as many of them do, without a firm answer or approval, leaving you in limbo for the time being. Rather than going it alone, let's join forces to build the business case for your company. 

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Diversity and Inclusion Leaders Can't Ignore Student Loans

Did you know, companies that are diverse boast 19% more revenue than those that are not? It's true, according to a recent BCG study. This finding could be part of the reason one in three human resources leaders stated that improving diversity would be a main focus throughout 2018. To do so, many top firms, from technology to higher education, have made a place on the leadership team for someone who focuses on this area of the business. 

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In Some Cases Convenience Comes at a Cost

Aug 15, 2018 8:07:08 PM / by Corinne Thomas posted in Winning Together, Decisions, Insights

An earlier version of this post was originally published on the Peanut Butter blog on May 9, 2017 by David Aronson. You can view the original post here

Making payments towards employees student loans via payroll deduction: is it a convenience or does it come with a cost? As several vendors have begun requiring employees to make their minimum monthly student loan payment via payroll deduction as a requirement of Student Loan Assistance Programs, companies may look at this as an added perk that will help employees. What some fail to understand, however, is that they may actually be putting employees at a disadvantage if they choose to administer their program this way.

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How Many of Your Employees Have Student Loans?

With 44 million Americans holding student debt, it's pretty easy to see that those affected by this is widespread. However, when considering whether to offer Student Loan Assistance most employers first question is often "How many of MY employees have student debt"? While it can seem difficult to determine, there are several different ways to go about finding the answer to that question and in this post we'll cover two different approaches. 

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