Student Loan Contributions Are Tax-Free

Student Loan Benefits

Boost morale, hire faster, and retain longer

As of 2021, 43% of all American college attendees were saddled with student debt. Make tax-free contributions towards your employee's student loan debt to help ease the burden.

Student loan benefits help employers stand out in today's competitive job market. Creating a successful benefits program is a difficult but worthwhile process for companies. Successful programs can be used as a recruitment tool, increase employee retention and promote employee wellness.

“The weight of student loans is a cloud that weighs over every financial decision, from your daily coffee to your big life decisions”
- Braxton Brewington, press secretary for The Debt Collective

FOR EMPLOYERS

As a retention tool: employees taking advantage of this benefit are 70% more likely to stay at their jobs

As a hiring tool: 49% of millennials prefer student loans to 401k contributions

For diversity and inclusion initiatives:
women, people of color, and the LGBTQ community have significantly higher student loan debt.

Student loan benefits can help your company improve operational excellence.

FOR EMPLOYEES

The average American has $36,510 in student loan debt. On average, employees using this benefit get out of debt three years faster.

We use path-finding algorithms to give you actionable insights to improve your student loan situation. Ours refinance partners will give you the best rates to lower your interest rates. Typically employees see an additional $260 in savings per month.

Get In Touch

We'd love to hear from you!
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
CARBON