Student loans blocking your retirement savings? A change to federal law MIGHT help [The Boston Globe]

Student loans blocking your retirement savings? A change to federal law MIGHT help [The Boston Globe]

Since 2015, employers have been contributing modest monthly amounts (e.g., $50) toward employee student loans and achieving profound results: 13% faster hiring timelines, 36% longer employee tenure, and Greater gender and cultural diversity. This year, more companies...
How does student debt impact your industry?

How does student debt impact your industry?

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...
The most effective ways to offer Student Loan Assistance

The most effective ways to offer Student Loan Assistance

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...
Promote Gender and Cultural Diversity with Student Loan Assistance

Promote Gender and Cultural Diversity with Student Loan Assistance

Student debt is burdensome. According to the Education Data Initiative, today’s average borrower holds over $40,000 outstanding. Alone, that data-point is compelling enough to persuade many employers to offer Student Loan Assistance as a benefit. However,...