With so many workers carrying student loan debt, repayment assistance programs can be a valuable benefit to employees. Student loan debt is a burden that crosses generational lines, with members of all five generations – from the Silent Generation to Gen Z – carrying student loans, according to the Education Data Initiative. Student Loan Assistance programs have also been more popular with employers because they are seen as a way to improve worker skills and, in turn, benefit the business’s bottom line.
Employers can sign up for technology platforms that simplify the repayment process for workers – that’s what Peanut Butter is here for! Check out the complete article by US News here.
Peanut Butter clients that offer Student Loan Repayment have seen the proven results of attracting talent 13% faster, retaining talent 36% longer, while also improving gender and cultural diversity. To get started with one of our programs, click here.