by Andrew Bordewick | May 2, 2016 | Government Relations
Today, Peanut Butter and 1871 will host Congressman Robert Dold (IL-10) as Dold introduces new legislation to the U.S. House of Representatives. The HELP (Higher Education Loan Payments) for Students and Parents Act is aimed at reducing the student loan burden on...
by Andrew Bordewick | Apr 28, 2016 | Government Relations
I wrote in a previous blog that Peanut Butter sat down with Congressman Rodney Davis (R, IL – 13) to discuss a bill he sponsored that would enable companies to make tax-free contributions towards their employees’ student loan repayment. On April 4, 2016,...
by Andrew Bordewick | Apr 25, 2016 | Government Relations
Congressman Rodney Davis (R, IL-13) visited 1871, Chicago’s entrepreneurial hub for tech startups on March 4, 2016 to meet with Peanut Butter CEO David Aronson. The topic of the meeting was student loan debt in the U.S., and potential solutions for the $1.3...
by Tatum Pugh | Apr 19, 2016 | Press Room
Recently our founder David Aronson sat down with Tasty Trade for their segment, ‘Bootstrapping in America’ to discuss how Peanut Butter helps employers pay down their employees’ student loans and why traditional employee benefits are failing to...
by Tatum Pugh | Apr 12, 2016 | Insights
The ongoing student debt crisis is a complex issue resulting from many social and economic developments in the past few decades. Student debt has been increasing rapidly since 2000, from less than 250 billion to over 1.3 trillion today — and showing no signs of...
by Tatum Pugh | Apr 6, 2016 | Press Room
What is the social cost of the student debt crisis? A recent article in Crain’s Chicago Business explores this topic by looking into the lives of those most affected by it. It looks at people like Carolyn Raleigh, a new mother whose debt taken on a life of its...
by Tatum Pugh | Apr 4, 2016 | Insights
Aside from mortgages, what is the most common source of debt in the US? No, it’s not credit card debt, nor is it auto loan debt. You may have guessed from the title of this post, it’s student loan debt, which now totals over 1.3 trillion dollars in the...
by Tatum Pugh | Mar 17, 2016 | Insights
According to a recent article in TIME magazine, more than 25 percent of students with debt are graduating with way too much of it. And it concludes the consequences of this debt could be lifelong, and postpone major life events like financial independence and...
by Tatum Pugh | Mar 15, 2016 | Insights
Did you know that the average B.A. graduate is saddled with over $29,000 in debt at graduation? Or that without employer contribution or refinancing, an undergraduate degree holder with an average debt and payment plan will wind up paying almost $10,000 in just...
by Tatum Pugh | Mar 14, 2016 | Insights
Here’s a not-so-fun fact: 7 in 10 graduates of non-profit colleges enter the workforce with an average of almost $29,000 of debt. In Illinois alone, this accounts for 67% of 4-year graduates. This, and many more interesting statistics about student debt and...
by Tatum Pugh | Mar 11, 2016 | Press Room
Peanut Butter was recently featured in a series of articles about companies with interesting names. In it, our founder Dave Aronson explains what inspired him to name his company after such a seemingly random thing. You can read all about what inspired Peanut...
by David Aronson | Mar 4, 2016 | Insights, Press Room
Peanut Butter’s ‘Millennial Benefit Preferences’ study shows that student loan repayment is in the way of becoming one of the most valuable benefit among millennials and Peanut Butter is a helpful employer tool to offer this benefit. Click here to...
by David Aronson | Mar 3, 2016 | Press Room
More and more companies help employees in a huge struggle with student loans. John Wasik in a recent article covered few best ways to achieve employees’ goal together and we are honored to see Peanut Butter on this list. Click here to read article....
by David Aronson | Feb 29, 2016 | Press Room
Many startups build their business offering a solution to a problem which can’t be solved by companies using their own resources. Howard Tullman mentioned Peanut Butter as one of the best examples of such services. He said that Peanut Butter offers a solution...
by David Aronson | Feb 25, 2016 | Press Room
Howard Tullman described Peanut Butter as a simple, straightforward tool for employers to help employees solve their student loan problem. The real problem for new generations can’t be insurance or retirement when they are worried about food on a weekly basis....
by David Aronson | Feb 22, 2016 | Press Room
We show different ways of refinancing your student loan together with Ce Cole Dillon, head of School Loans 411, in a recent ChicagoInno article. Want to know more about it? Click here.
by David Aronson | Feb 18, 2016 | Press Room
Are student loan repayment programs what Millennials are looking for in a job? 1871 seems to think so and has announced a partnership with Peanut Butter that connects 1871’s member and alumni companies to this new service. The partnership announcement was...
by David Aronson | Feb 18, 2016 | Press Room
BuiltIn recently picked 50 Chicago startups are worth watching in 2016. We’re honored to be mentioned in their list. Click here to check the whole article about Chicago’s best startups.
by David Aronson | Feb 15, 2016 | Insights, Press Room
Peanut Butter Millennial Benefit Study helps to understand how employers can create valuable benefits package for the biggest part of US workforce. HR.com and Peanut Butter CEO David Aronson covered the main points of the study in a recent article. Click here to read...
by David Aronson | Feb 11, 2016 | Press Room
Howard Tullman recently mentioned Peanut Butter in his article about how to find the basic marketing characteristic and a low-cost solution to build a large and profitable business. Read the entire article...
