Why Biden’s $10,000 student loan relief will impact women the most [MSNBC]

Why Biden’s $10,000 student loan relief will impact women the most [MSNBC]

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

While Biden’s announcement to cancel up to $10,000 in student loans and extend the pause on federal student loan payments through Dec 31st welcomes relief to all borrowers, it’s women who may benefit the most. Today, women hold over two-thirds of America’s...
Why Your Company Should Offer Student Loan Repayment

Why Your Company Should Offer Student Loan Repayment

by | 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

Student Loan Assistance Programs With Peanut Butter

by | 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...
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?

by | Aug 25, 2022 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Insights, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Uncategorized, Winning Together

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 on 12/31/2022 (hereafter referred to as...
36% of US millennials say student loan debt limits home ownership [Insider]

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

by | Aug 22, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment

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...