Nonprofit Employers: This Is Your Chance to Help Employees Conquer Student Debt

by Joe Kwasniewski | Jul 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

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...

Decoding the OBBB: Permanent Tax-Free Treatment of Employer-Sponsored Student Loan Repayment

by David Aronson | Jul 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

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...

Legislative Update Confirms What Leading Employers Already Know

by Joe Kwasniewski | Jul 1, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Government Relations, Human Capital, Human Resources, Insights, Press Room, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Tax-free

Recent legislative updates, including a Senate version of H.R. 1 that mirrors the House bill we recently wrote about, continue to point toward a permanent extension of tax-free employer student loan contributions. This progress is welcome, but it simply reinforces a...

The Future of Student Loan Benefits is Bright: Why Employers Can Plan with Confidence

by Joe Kwasniewski | Jun 11, 2025 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Capital, Human Resources, Insights, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Winning Together

As an employer, you’re always looking for benefits that are not just trendy, but have lasting power to attract and retain top talent. Student Loan Assistance is one of those benefits. But with the provision for tax-free contributions currently set to expire on...

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

by Joe Kwasniewski | May 13, 2024 | Benefits, Employee Benefits, Employee Engagement, Financial Wellbeing, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Uncategorized, Workplace diversity

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...

Four things employers shared when they switched their administrator, and hired Peanut Butter

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....