Student Loan Debt Assistance

A recent study conducted by the Employee Benefit Research Institute found that nearly one-third of employers offer or are planning to offer a student loan debt repayment program.

Plan Advisor further reports that employee retention and reducing employee stress were the reason for this new focus for employers.

As stated by EBRI:

“in a competitive job market, student loan debt help is becoming an important tool for employers eager to attract and retain workers. Policymakers are recognizing the need for such help, as well”.

For more information, please click here.

The information included in this blog post originally appeared in an article from Plan Advisor on April 25, 2019, written by Lee Barney.

student loans

Learn More About Our HR Related Services