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How Student Loan Debt Affects Women [US News]

Is diversity important at your company? Of course, it is. Companies that maintain a diverse workforce based on gender and race, perform better. But can your company structure its employee benefits to align with its diversity goals? One way is to offer benefits that...

Feature Focus: Digital Enrollment

With Peanut Butter's Digital Enrollment & Phone Support features, employees can elect to participate in your company's Student Loan Repayment plan online from any device, in just a couple of minutes. Peanut Butter makes it easy for employers to offer Student Loan...

PB in the Kitchen: Udon Peanut Butter Noodles

Our company’s name is an homage to college grads everywhere, since so many eked by on peanut butter in an effort to save and pay for their college education. Now, those college grads are putting their degrees to work, and many are cooking at home more due to the...

In the Press: Time is now for Student Loan Assistance

Peanut Butter was featured in Buffalo Business First last week, following the recent passing of legislation that gave Peanut Butter’s core service, employer-sponsored student loan repayment, a big boost.  As a result of the Consolidated Appropriations Act (H.R. 133,...

Biden extends payment holiday on Federal student loans

Here’s why now is the best time to contribute to the repayment of employee student debt.In one of his first moves in the Oval Office, President Joe Biden signed an executive order extending the payment holiday for federal student loan borrowers until at least Oct. 1,...

January update on Tax-Free Student Loan Assistance

Employers may now offer Student Loan Repayment tax-free for years to come. 2020 is finally behind us.  And as we enter 2021, more employers than ever before will be offering Student Loan Repayment in an effort to attract, retain and engage a talented workforce in the...

December update on Tax-Free Student Loan Assistance

Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan could exclude contributions to student loans...

Can’t afford to give employees a raise? Try better benefits instead.

Providing a meaningful benefits package may be the key to attracting and retaining valuable workers to a company, even in the absence of regular pay increases or above average salaries. According to Zenefits, more than 60% of employees would take a job with a lower...

CornerStone will no longer service federal student loans

CornerStone Education Loan Services recently announced that it will no longer be servicing federal student loans. As a result, CornerStone has begun the process of transferring loans to other loan servicers, such as Fedloan. CornerStone previously serviced about 0.8%...

PB in the Kitchen: Holiday Treats

Our company’s name is an homage to college grads everywhere, since so many eked by on peanut butter in an effort to save and pay for their college education. Now, those college grads are putting their degrees to work, and many are cooking at home more due to the...