Combating Student Debts’ Impact on the U.S. Economy

Combating Student Debts’ Impact on the U.S. Economy

by | Jul 22, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together

As more and more college graduates enter the workforce, the ever growing total in student debt the U.S. population faces continues to increase. Combined with that also pairs the fact that wages aren’t keeping up with this debt, and the inflation our country is faced...
Peanut Butter Insights: Employee Eligibility Criteria to Avoid

Peanut Butter Insights: Employee Eligibility Criteria to Avoid

by | Jul 3, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Features, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

Working with nearly a thousand clients nationwide, we’ve grown as experts in eligibility criteria employers most commonly use when offering Student Loan Assistance to employees. On the flip side, we’ve also observed eligibility criteria employers should avoid.  We...
Peanut Butter Feature to Know: Employer Responsibilities

Peanut Butter Feature to Know: Employer Responsibilities

by | Jul 3, 2024 | Benefits, Differentiation, Employee Benefits, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

When offering Student Loan Assistance, it’s important for employers to understand their responsibilities for success. Benefit maintenance is simple, and one of the core reasons our services stand out is ease of use. With Peanut Butter’s SaaS solution, employers...
Make a material difference for employees’ financial wellbeing through Student Loan Assistance

Make a material difference for employees’ financial wellbeing through Student Loan Assistance

by | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Debt, Winning Together

Employees are asking for more from their employers in 2024. While common benefits like Healthcare, Retirement, and PTO have become industry standards. Other emerging benefits are now coming to the forefront to help improve financial wellness.  Student Loan Assistance...
The Reality of Government Student Loan Forgiveness Initiatives

The Reality of Government Student Loan Forgiveness Initiatives

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

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

by | 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....