Student Loan Assistance Is One of the Most Sought-After Benefits [Paychex]

Student Loan Assistance Is One of the Most Sought-After Benefits [Paychex]

by | Oct 12, 2022 | Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

The increase in student loan debt in recent years has become a primary concern of many college-educated workers. When employees are paying off long-term educational loans, employers have offered to shoulder a portion of the burden by including student loan repayment...
Marketing & Advertising Companies Rate Peanut Butter 5.0 stars

Marketing & Advertising Companies Rate Peanut Butter 5.0 stars

by | Oct 12, 2022 | Employee Engagement, Financial Wellbeing, Human Resources, Retaining Talent, Reviews, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from marketing and advertising companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the marketing and advertising sector love Peanut Butter. To get started...
Student Debt: A Critical Challenge Facing Professionals [DPE]

Student Debt: A Critical Challenge Facing Professionals [DPE]

by | Oct 11, 2022 | Employee Engagement, Financial Planning, Financial Wellbeing, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity

Student debt is a widespread problem in the United States and student loans make up the largest portion of non-housing consumer debt. While bachelor’s or graduate degrees were required for 21 percent of all jobs before the great recession in 2006, they are now...
Reminder: Student loan holiday ending in 2023

Reminder: Student loan holiday ending in 2023

by | Sep 29, 2022 | Benefits, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Finding Talent, Government Relations, Human Resources, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Winning Together

On August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. Click here to learn what the three-part plan includes and what this could mean for you. Starting mid-2023 student loan servicers are expected to resume the monthly collection of...
Why Your Company Should Offer Student Loan Repayment

Why Your Company Should Offer Student Loan Repayment

by | Sep 8, 2022 | Benefits, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Insights, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...
Student Loan Assistance Programs With Peanut Butter

Student Loan Assistance Programs With Peanut Butter

by | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...
Indiana the latest state to confirm it will tax student loan forgiveness [Axois]

Indiana the latest state to confirm it will tax student loan forgiveness [Axois]

by | Sep 7, 2022 | Financial Planning, Financial Wellbeing, Government Relations, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

As the Biden administration sets out to implement its student loan forgiveness plan, Indiana became the latest state Tuesday to confirm that it will tax student loan forgiveness. Several states have indicated that residents could face a state tax on the balances...
36% of US millennials say student loan debt limits home ownership [Insider]

36% of US millennials say student loan debt limits home ownership [Insider]

by | Aug 22, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment

Millennials today owe an average of $38,877 in student loan debt, according to an Experian consumer debt study. According to a new survey conducted by Legal & General, over one third of millennials in the US say they feel locked out of their quest to save for a...
Student Loan Assistance Is One of the Most Sought-After Benefits [Paychex]

Guidelines for student loan assistance [NLR]

by | Aug 3, 2022 | Employee Benefits, Financial Planning, Financial Wellbeing, Human Resources, Program Management, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity

The National Law Review (NLR) recently published its guidelines to help employers steer clear of legal obstacles some have encountered with student loan repayment and tuition reimbursement programs. The three key legal considerations for student loan assistance...
Human Resources Companies Rate Peanut Butter 5.0 stars

Student loan assistance is a worthwhile benefit to offer employees [HRD]

by | Jul 19, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Winning Together

Jeanniey Walden, global chief innovation and marketing officer at DailyPay, recently spoke (Society for Human Resource Management) about how companies should help their employees keep more money in their pocket. Roughly 45 million Americans have federal student loan...