by Joe Kwasniewski | May 13, 2024 | Benefits, Employee Benefits, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together
In 2024, 43 million Americans hold student debt for 1.7 trillion dollars outstanding. That means the average student loan borrower has close to $40,000 still to pay off on their debt. A daunting number for most, and student debt’s impact is still continuing to...
by Joe Kwasniewski | May 13, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Winning Together
Selecting the right vendor for any benefit is a crucial component of a program’s success. During our time supporting group transitions from other Student Loan Assistance administrators, we’ve learned four key reasons on why employers are choosing to make the switch....
by Joe Kwasniewski | May 13, 2024 | 529 Savings Plan, Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Workplace diversity
Employers have continued to explore a wide array of benefits, especially as the war for top talent has continued to become increasingly more difficult. 529 college savings plans are one option employers consider for a few reasons. For one, to create a commonplace for...
by Joe Kwasniewski | Jan 2, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Student Loan Assistance, Winning Together
As we kick-off 2024, research and data on end-of-year spending are already surfacing. According to The 19th News, “Student loan repayments are putting a damper on holiday spending — especially for Gen Z and millennials.” As widely known, federal student...
by Joe Kwasniewski | Jan 2, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Across the US workforce, 45 million Americans are burdened by student loans. With the average borrower holding north of $30,000 outstanding. It is no wonder it is one of the United State’s biggest causes of financial stress. However, employers have the...
by Joe Kwasniewski | Dec 6, 2023 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Winning Together
Student Loan Assistance has emerged as one of the most highly sought after benefits for employees headed into 2024. With the combination of federal student loan payments resuming in October and no large-scale government forgiveness, the US workforce is feeling the...
